If only. If only I knew then what I know now. Or at least what I think I know now.
A concept anyone over the age of thirty understands very well. Okay, maybe forty.
“If only I had this wealth management advice when I was twenty, rather than learning painful lessons for the next decade or two.”
That is the tale of one woman in today’s discussion. (more…)
There are many variables that make successful investing a challenge.
And one of your biggest foes may just be you.
What do I mean by this? (more…)
Knight Kiplinger, head of Kiplinger financial media, created a nice asset management video.
8 Keys to Financial Security is exactly that. Tips for protecting your assets and growing wealth.
As per usual, I add my two-cents to Mr. Kiplinger’s wealth management recommendations. (more…)
A relationship exists between investment risk and expected return.
The safer the asset, the lower the expected return. The greater the investment risk, the higher the required return. Or it can be a tad more technical if you like.
Investors should take an objective view of investment risk. Unfortunately, investors tend to be emotional creatures and these volatile times lead people to become fearful of investment risk.
So what is happening? And what should you do as an investor? (more…)
In the United States, and other countries, Occupy Wall Street (and other places) were all the rage last summer. Now that the snow is departing, it will be interesting to see if the Occupy protests return to all the (formerly) public places.
The various Occupy movements primarily target capitalism. Quite ironic when you watch the protesters in their Nike clothing, using multiple Apple products. But expected when you see the financial backing and support of the unions. (more…)
Many readers are a long ways away from retirement.
Messing up on retirement is not yet on one’s radar.
But it should be.
And the sooner you realize how people mess up retirement, the easier it is to avoid problems. (more…)
Can you summarize your investment philosophy in 10 words or less?
Can anyone?
After all, investing is a complex subject. (more…)
I read an article entitled, “Are You Saving Too Much for Retirement?”
I think it is a good article to discuss. No, the article itself is not good. Far from it. Rather this type of article is good to discuss. A big difference. (more…)
I am a proponent of passive investing.
That means investing in passively managed index funds that track a specific market sector. Primarily, exchange traded (ETF) or open ended mutual index funds.
Research indicates that actively managed portfolios tend not to perform better than passive portfolios. And actively run portfolios cost investors more money in fees and expenses than passive.
So why take an active approach? (more…)
For most individual investors, I believe that a passively managed, well diversified investment portfolio is the best approach for long term success.
I do not believe that paying higher fees for active management brings superior results over the long run. Instead, minimize investment costs and stick to index funds for the majority of investments. Let portfolio returns compound in your investment account, not in the pocket of an investment advisor or financial institution.
I have written extensively as to why I believe in this strategy.
Today, a little more evidence that a passive approach outperforms an active one. (more…)
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