Financial Literacy
I’ve collected and categorized some of the blogs that I’ve written about Investing, Returns and Market Structure to make them easier to access.
Asset Allocation and Passive Investing
Passive investments, active wagers (October 5th, 2020) - the market has become very narrow, and passive investors may be making more active bets than they realize.
Why Experts Recommend Passive Investment Strategies (April 2nd, 2024) - a look at asset allocation, alternative investments, and why experts are forced to recommend low-cost index investing via ETFs – even if they invest their own wealth using a different strategies.
Investment Philosophy
Investing can be uncomfortable. You rarely make money ‘how’ you want to (September 27th, 2020) - investors often struggle with the contrast of what they believe should happen, what they think will happen, and how actual events are perceived.
For investors, it often pays more to be late than early (May 19th, 2020) - for investors, it often pays more to be six-months late than six-month early.
How much does commission-free trading cost? (February 19th, 2021) - investors should be aware of frictional costs, like taxes and how platforms that offer commission free trading make money.
Investment Returns
How can an Investment Advisor add value (February 16th, 2021) – looks at both the returns that do-it-yourself investor generate and different ways an investment advisor can add value.
What if you only invested at market peaks (January 6th, 2021) – a mental exercise that looks at the returns of the absolute worst possible market timer.
The Benefits of Investing Early in Life (Feb 20th, 2023)- for young investors the primary goal is to save money and let compounding do the work for you.
Investment Time Horizon
Yes, the investors with the best returns were dead (November 13th, 2020) – when looking for client accounts that had the best returns, Fidelity discovered the account below to the deceased.
Thoughts on Morgan Housel’s The Psychology of Money (October 28th, 2020) - a trip to the altar of compounding that addresses time horizon and investor temperament in addition to returns. The goal in saving is to have flexibility and peace of mind when making decisions.
