Passive is not Lazy Investing
Is passive investing just lazy investing ? No, because it is not a “fire and forget” investing idea, you need to monitor things (not too closely though).
Is passive investing just lazy investing ? No, because it is not a “fire and forget” investing idea, you need to monitor things (not too closely though).
Euro 2012 meets the Euro Financial meltdown in an interesting football metaphor. Discover the unexpected link between finances and the beautiful game.
It seems you must have warnings on all products, so why are there no warnings on financial products ? “This Fund may lose money”
As I mentioned one of the common themes I hear from folks when I attempt to chat with them about how they are saving for their future, is the Tyranny of Choice, and the mental… Read More »Choices: ETF, Mutual Fund, Index Fund, GIC’s, Stocks, Hedge Funds,…
Feeling locked in isn’t just a tech problem—it happens in finance too. In this post, I reflect on how I ended up financially locked in by sticking with familiar but underperforming investment products like mutual funds in my kids’ RESP. Despite better options like ETFs being available, I stayed put out of habit, convenience, or the illusion of safety.
Inspired by the concept of technological lock-in, I realized this mindset also affects our financial decisions. We often cling to what we know, even when better alternatives exist. The key takeaway? Regularly re-evaluate your financial choices. Just because something worked before doesn’t mean it’s still your best option.
Keywords: locked in, financial decision-making, RESP, mutual funds vs ETFs, investment strategy, financial planning, Canadian finance