The Friedberg Family Portfolio Today (For informational purposes only) “Of course. I favor passive investing for most investors, because markets
Dan Goldie and Gordon Murray wrote a brief, yet comprehensive guide to investing which covers all the major investing decisions in only 66 pages. After being asked to review the book, I became interested in the background of the authors, both accomplished in their respective investing fields. Furthermore, Goldie, a retired professional tennis player, engaged in a sport that was close to my heart.
In the first article of this series, I talked about my investing FEARS. As I continued to invest, my interest and confidence in investing grew. I took advantage of the opportunity to contribute to the 403(B) retirement account, through my job as a Career Counselor & Student Employment Administrator.
Active vs. Passive Investing “Wall Street Pares Gains as Bargain-Hunters Retreat,” ~ Associated Press, unknown date Today we are focusing on stock investing only. Unfortunately, many of you out there read headlines such as this one and believe you must rush out and buy or sell. If the headline reports, then it must be important. Act on the headlines at your own peril. You might feel compelled to act when your stock investment falls. You might believe that you know just the right time to buy o…
The Lazy Investor’s Guide to Asset Allocation “Don’t put all Your Eggs in one Basket.” Anonymous This adage is crucial to
“When the weather changes, nobody believes the laws of physics have changed. Similarly, I don’t believe that when the stock market goes into terrible gyrations its rules have changed.” Benoit Mandelbrot This brilliant mathematician speaks to the fact that the price of common stocks goes up and down. Plain and simple, that is where the risk comes from.
Complete these 10 money management tasks before beginning an investment program to gain financial confidence and control.
I’ve probably read several hundred investment books and I’m writing a personal finance book myself right now! Yet, this book is so thorough and concise, I am tempted to just post a link to it on my website and retire! Or at least, say nothing more about investing other than to read: THE ELEMENTS OF INVESTING, BY BURTON G. MALKIEL AND CHARLES D. ELLIS!