“With broad asset classes, we want to take advantage of the mathematics of mean reversion. And so when any asset class runs too far ahead, it automatically gets trimmed back.  And when it falls too much, it automatically gets bought. It just happens “automatically” through math. Look, we know any individual stock can go to zero. But…

“Investors should remember that excitement and expenses are their enemies.” – Warren Buffett Index funds and ETFs make the most sense as an investment vehicle for investors for a number of reasons. They have lower expense ratios than active mutual funds. They are more tax efficient. They trade less so they have lower transaction costs.

“I made mistakes. Plenty of them. In fact, sometimes I wish I could climb into a time machine and go back to shake some sense into that thirty-year-old me.” – Kareem Abdul-Jabaar A wonderful way to figure out where to focus your time and energy for your financial goals when you are younger is to…

“If you really want something in life you have to work for it.  Now quiet! They’re about to announce the lottery numbers.” – Homer Simpson The lottery question is one that people love to discuss when the jackpot reaches some astronomical sum in the $300-400 million range. People rush out to buy more lottery tickets….