State of Investors – Where are We Investing Our Money Today?
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…]
Guy Spier’s 9 Rules for Smarter Investing
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 “. Here, Guy Spier gives 9 rules for smarter investing. His book goes into more detail on each of these topics (and many more), but this provides a great starting point. [continue reading…]
My Mistakes: Here’s The First Mutual Fund I Ever Bought – And How It Cost Me $8,000
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.
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