All Weather Strategy
We Aren’t All Skinny nor Financially Independent
The news was shocking. It turns out her mother had only US$35,000 in her retirement account. An impossible amount to retire on. I learned that knowledge is not enough. Think of all the books about losing weight. The knowledge is there. So are we all skinny?
Read MoreTwo Types of Risk, but Only One Really Matters
The risk that really matters when investing is the risk of not having enough wealth to meet your future goal, so-called shortfall risk. We must accept some level of volatility but too much volatility can be so painful it leads to bad decisions.
Read MoreDon’t Trust Your Piggy Bank, It Won’t Keep Your Money Safe
Keeping cash means you’re losing in real terms. While cash may feel safe, as the value doesn’t move up or down all the time, due to inflation, you’re losing in real terms. Your piggy bank is a robber!
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