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?
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Money Talk@SET: Panel discussion with Dr. Paiboon, Ajarn Sanae, and Dr. Niwes at the Stock Exchange of Thailand. Discussing Thai politics and the stock market.
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Today’s questions in Ask Ajarn Andrew: How do you start investing in bonds? Where do you buy bonds?
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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.
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