This was in Monday’s Wall Street Journal, it depicts the average investment asset allocation by generation:
The title of the article was “The Biggest Mistake People Make – Decade by Decade”
And if you can’t tell from the picture alone, Millennial’s (and every other generation’s) biggest mistake is playing it too safe – allocating 70% (!) of their money in cash. [continue reading…]
The latest monthly issue of AAII Journal has a great piece written up by Guy Spier – manager of the Aquamarine Fund and author of the excellent book “The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
The whole point of Begin To Invest is to help pass on lessons I learned when I started investing to investors today.
Here was one of my first and most painful.
