You may have heard a radio spot or saw an ad on FaceBook saying that investors can retire rich on one stock. One stock! Some investors, they say, turned $16,000 into $2Read More…
The Oracle of Omaha comments on Investor Behavior.
“Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to “time” market movements, inadequate diversification, the payment of high and unnecessary feesRead More…
The incentives on Wall Street were all wrong. And they hurt you and me.
“What are the odds that people will make smart decisions about money if they don’t need to make smart decisions–if they can get rich making dumb decisions? The incentives on Wall StreetRead More…
Money Skills: Index Armageddon?
The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs Thanks to Reed Stevenson for permission to quote and backlink to his September 4 article at Bloomberg.com. The subjectRead More…
Money Skills: Dividends are A Bridge Over Troubled Water for Retired Investors
When you’re down and out When you’re on the street When evening falls so hard I will comfort you I’ll take your part, oh, when darkness comes And pain is all aroundRead More…
Wealth Building with Index Funds is at The Core of Investors Goals
iShares by BlackRock is promoting The Core, exchange traded funds, their proprietary iShares, that when combined allow an investor to buy the entire domestic market, forming an efficient core holding for theRead More…
With Saving, Making or Investing Money, there is No Quick Fix!
People don’t like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today. –Robert Kiyosaki, author Rich Dad, Poor DadRead More…
Mirror Mirror
Mirror, mirror on the wall, who’s the most overconfident of them all? Do you recognize any of the following examples of investment behaviors? Overconfidence. “Hey, I beat the market! For like a wholeRead More…
Money Skills: Beating vs. Winning
In sports, one team wins when they beat the other team. But “winning” is not always synonymous with “beating” when it comes to investing. Investors are not sports teams, and they’re generallyRead More…
Very bad planning
I have enough money to live comfortably for the rest of my life. If I die by Friday. -Anon