Category Investing
The importance of low % fees in investing
In horse-racing, they add lead weights to the saddlebags in handicap races. % fees in investing are like those lead weights The higher the % fees, the heavier the weight carried by your fund… Higher % fees will probably lose you the race I did a webinar this week with a group of health professionals […]
Bogleheads and Bitcoin Maximalists
I know that some of you don’t want to hear this…but I have to tell you that crypto is back. It is my job to follow the data and trends in finance and explain what is going on to my financial coaching clients. It is not my job to push product. I don’t believe in just one […]
If more people did money like they play Monopoly, they’d be a lot better off
Nobody ever went to Monopoly Business School and yet on some level everyone knows how to win at Monopoly. For those who’d like a quick reminder, here’s how you win at Monopoly: Similarly, we could say that everyone knows (on some level) what they should do to get rich(er). It’s just that only a certain […]
It’s as simple to invest your own portfolio as it is to run an online bank account
I have NEVER met anyone who said that they were incapable of running their own online bank account. I never met anyone unable to to deposit some money, pay a utility bill and make a withdrawal from an online bank account. This is good news because it’s as simple to invest your own portfolio as […]
The Ten Commandments of Index Investing
Much of life is too complicated to be boiled down to just a few simple rules to follow. But it is possible to make investing clearer and simpler than the media and financial services industry have. So listen up heathens…here are the 10 commandments of simple low-cost equity investing. 1. Know thy purpose Money is […]
How To Build A Compounding Machine
Imagine a black box. Your job is to earn and save as much money as you can. You put the cash saved into the black box…into your compounding machine. Once you put the cash inside the box and close the lid, the magic starts to happen. Inside the black box the most powerful force in […]
Is your financial adviser screwing you?
I’m going to turn down a new job tomorrow. People keep telling me that I’ll need to get another job…for mental stimulation even if not for the money. They may be right about that, but this particular job is not for me. Its not because I can’t do the job. Its a wealth management role that […]
The Escape Artist 