Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions||
Books have also changed my perspective on investing. Understanding that real wealth is built through strategic investments rather than mere savings is crucial. Working with an adviser has pointed me in the right direction_.
This intrigues me. I've looked up financial advisors online, but finding one to connect with is a bit difficult. Do you mind if I ask for your recommendation??
It was also very beneficial to Bogle, the very cheap index fund let him keep access to the commoners moneys and that gave vanguard real power. In the last few years they have thrown their weight around in board rooms. But, Bogle could’ve cashed out at any time and been a big billionaire, but he never did.
I like in the book how he describes the real or actual returns, in comparison to the real returns from mutual funds. Especially in the beginning the fees eat into your profits which is compounded as time goes on. The actual return ends up being less than amazing.
Yeah Bogle knows his stuff. What is it that "most" actively managed funds never beat the returns of a simple sp500 index fund? Crazy how so many active management funds are still around
Thanks for the video! Anything written by a giant like Bogle is good to read and listen to... Unfortunately I'm too stupid, and I invest in single stocks, even though my advice is usually to invest in VTI/etc. Do what I say, not what I do!
You explored a lot of good points. Except you said that Buffett hasn’t been beating the market when in fact, he has been. He has made average annual returns of roughly 20% since 1965 through Berkshire Hathaway.
Once upon a time, I was an eager investor. With high hopes and dreams, I diligently built my investment portfolio over the years. But as the tides of the market turned against me, my once-promising investments began to crumble. Stock prices plummeted, bonds defaulted, and my hopes faded away. With each passing day, my portfolio dwindled, mirroring the sinking feeling in my heart. I watched helplessly as my hard-earned savings vanished, leaving behind a lingering sadness and a stark reminder of the unpredictability of the financial world. I'm here again because I want to get back on track.I need ideas to get on on a recovery process.
Losses can provide valuable lessons and insights into the intricacies of the financial market. They can highlight areas where improvements can be made in investment strategies, risk management, or research. By reflecting on the losses and learning from mistakes, one can enhance their knowledge and skills, which can contribute to future success. I don;t have much to give but my thoughts are with you.
You can get back on track by following this simple process: Take stock of your financial goals, risk tolerance, and investment timeline. Understand your investment losses and the factors that contributed to the decline. This self-assessment will help you communicate your needs effectively to a financial advisor. Remember to seek the help of a professional financial planner(CPF) as you start over, which is what you should've done from the get go.
I'm sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 880k within 16-months from an initially stagnant Portfolio.
Trustworthiness is the issue: Entrusting someone with your finances requires a high level of trust. It can be difficult to determine if a financial advisor is reliable and has your best interests at heart. It's essential to find an advisor who operates with integrity and adheres to ethical standards. But you seem to have it all worked out good for you, so I’m by my screen waiting for your recommendation.
I definitely share your sentiment. My Financial adviser ‘’Colleen Janie Towe’’ is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Chris Invests- just want you to know I am binge watching your channel and liking/saving everything I watch - 1) because I actually do see value, and 2) intentionally to support your channel’s growth. I am also sharing your videos with friends and encouraging them to watch and subscribe. I never - repeat - I never hear a channel owner encourage viewers to share with friends and encourage them to watch & subscribe. I can’t imagine that You Tube forbids that - it’s basic marketing, so why don’t channel owners do that?
I like investments that are diversified not only across all sectors, but also across all capitalizations and all countries. I like the Vanguard Total World Stock Index Fund ETF (ticker symbol VT), or for a mutual fund, the Vanguard Total World Stock Index Fund (ticker symbol VTAX). It's hard to get much more diversified than the entire world, but the expenses are still low: .07% (7 basis points) for VT, and .10% (10 basis points) for VTWAX.
Maxed out of my roth ira for this year. Should i start investing in additional index funds? Wish i started my roth earlier. Can i use these indexes to “play catch up” for my future retirement money?
I still don’t understand bond index investing. It has its own chapter but I don’t understand the impact current market forces are having; should one “stay the course” with the previously established allocation, invest in stocks instead, or change allocation to fewer or more percentage in bond indexing? I’m confused.
So my parents tell me to go to Edward Jones (from Missouri) to set up my Roth IRA and to invest in index funds. I’m assuming they have those fees. So it’s better to set up your own stuff through fidelity or vanguard? Is that correct?
Pretty tired of hearing some people to throw all your money in an index fund and other people saying to only buy individual stocks because you're missing out on big returns if you are sufficiently financially literate
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