It’s A Wonderful Life (Financially?)
Is there a story of redemption like It’s a Wonderful Life for your finances? That remains to be seen, you’ll need to plan it!
Is there a story of redemption like It’s a Wonderful Life for your finances? That remains to be seen, you’ll need to plan it!
Strangely if you do index investing, you don’t check the indexes every day, you check once in a while and rebalance accordingly.
Market timing concepts and heuristics can make you a basket of money (or lose the family farm), but this one is the real thing. It works as well as most other ferkakten system.
While this story is older, I still view it as being overly optimistic. Fund management companies will find a way to make their money, somehow. The Economist had some very interesting articles about how the… Read More »Fund Management Like Long Distance Phone Revenue?
Most investors get told they should get a Balanced Mutual Fund for safe but steady growth, but what are you paying in terms of MER or Management Fees? Why not buy an Index Fund or the like, an entire Index is very balanced as well. Let’s take the FUN for banks out of Mutual Funds.
#MER #IndexFunds #Balanced