“Successful investing is about managing risk, not avoiding it.” ~Benjamin Graham Investing based on a Risk Tolerance Questionnaire is STUPID!!! Almost every investor needs to answer a Risk Tolerance Questionnaire before investing. These questionnaires determine the investor’s destiny. And these questionnaires are dumb. We’ll look at some of the problems with RTQs, and next week…
Investing in the stock market is risky! Or is it? Investing risk is NOT what you think it is.
No one wants to be average, let alone below it. Let’s explore how you can be above the pack. First, though, we need to understand “average.”
There are Four Mistakes we make as investors that are most responsible for our abysmal investor returns. They are Chasing Returns, Poor Diversification, Euphoria, and Panic. We also address two defenses against the Horsemen.
The goal of retirement planning is NOT to PROTECT our Retirement PRINCIPAL.
The goal of retirement planning IS to CREATE a Retirement INCOME. This is THE key distinction.
The Average Investor receives half the lifetime returns of the investments the investor invests in. Focus on Investor Returns, which you can control, instead of Investment Returns, which you cannot.