Q: I’ve invested in my 401k for 11 years now and have experienced many ups and downs, but I didn’t do much research when I started. What’s the best way to invest for retirement?
A: You’re right to step back and start anew with a more methodical, researched approach. I’d recommend you read a good investing [...]
Last time we talked about stock ownership and how it’s different from gambling, but that risk still remains.
In particular, the risk that your companies may go out of business, leaving you with stock worth little more than used lotto tickets.
This is a very real risk. Fortunately there is a reasonably safe solution. But first, lets [...]
When I hear this question, occasionally I am tempted to respond ‘what is gambling’?
This isn’t just a flippant response—it is that—but it is also useful for clarification.
One definition of gambling is the attempt to win against overwhelming odds, essentially hoping that you’ll receive an over-sized pay-out.
Of course, gambling comes in a variety of forms from [...]
If we can’t beat the market, what’s left? Well, we can cross our fingers, selecting individual stocks and fund managers in hopes that we’re making the right decision.
Or we can approximate the market’s returns by owning everything. There are several benefits to this approach:
You’ll beat approximately 85% of managed funds When the market goes up, you [...]
