What The White Coat Investor Really Thinks
To clear up misinformation out there, here's what I really think about topics like whole life, financial advisors, AUM fees, cryptocurrencies, etc.
To clear up misinformation out there, here's what I really think about topics like whole life, financial advisors, AUM fees, cryptocurrencies, etc.
While every bear market is unique, those of us who were investing in 2008 have seen this movie before. Proper behavior during these trying times, however, is essential to your long term success.
Wondering why you're no good at stock picking? The odds are stacked dramatically against you. Do yourself a favor and don't play this loser's game.
The key to asset allocation is to choose the highest stock-to-bond ratio that you can tolerate without selling out at a market bottom.
Did you sell out in 2008 and are wondering if, when, and how you should get back in? This post is for you!
The market has been going up for a long time and it will eventually go down. You need an investment plan that can handle that.
Day trading- dangerous and expensive hobby or useful addition to a diversified portfolio? You decide.
Some successes come from luck, while other successes come from smart decisions. But a great deal of financial success comes from putting yourself in a position where luck can do its thing.
Technical analysis to predict future price movements of individual stocks has been used for decades. Do the charts reveal the future, or are they just as cloudy as a crystal ball?
Don't confine yourself to just real estate or just the stock market. The intelligent investor takes the best from both worlds rather than confining herself to one.
Trying to beat the market is a loser's game. Try to learn that lesson from others, rather than having to make all the mistakes yourself.
The Morningstar X-ray Tool is a great way to help you understand what you own. Plug your portfolio into it and see how it compares to the market portfolio.
International stocks are solid investments worthy of your investing dollars, despite the fact that many US companies receive significant revenue from other countries. Allocating a reasonable portion of a public equity portfolio to international stocks adds valuable diversification.
The key to avoiding bad behavior in stock market downturns is an appropriate portfolio, an appropriate mental outlook, and a knowledge of market history.
Why not just buy the same stocks Warren Buffett buys? Well, it turns out that isn't quite as smart a thing to do as it first seems. You're not Warren Buffett. Do what he recommends, rather than what he does.