I am excited to be featured in Larry MacDonald’s Me and My Money column this weekend in the Globe and Mail. The article includes a profile of my investment approach, some of my best and worst investments over the years and my advice for investors.
Here’s the article: Analyst Puts His ‘Probability Bet’ on Index Funds
Please check it out if you haven’t seen it yet.
If you came to my site after reading about me in the Globe and Mail, here are some of my basic investment tenets:
1. Keep things simple. Complexity does not increase your wealth. In most cases it hurts your bottom line.
2. Keep costs low as they can hurt your long-term results. This means keep transactions to a minimum and invest with low-cost index funds.
3. Stay disciplined and think long-term. Short-term market moves can cause you to make irrational decisions with your investments.
4. Keep your behavior in check. This means do not try to time the market and don’t let fear and greed control your decisions (this is easier said than done).
5. Investing can be simple, but it’s not easy. Make a long-term, rules-based plan that you can use to automate good behavior. This includes dollar cost averaging into the market, rebalancing at predetermined intervals and global diversification through a proper asset allocation between the different investment classes.
Also be sure to read some of my most popular posts:
- Stocks will go down
- How to create a disciplined investment plan
- How to choose the right asset allocation
- Lessons from the Behavior Gap
- How to invest 100% of your portfolio in the stock market
- How to build a common sense investment portfolio
- Why bother investing in bonds?
- Dividends for yield, stability and outperformance
- Do your mutual funds outperform the market?
- Determining your risk tolerance
- What If you won the lottery?
Thanks for reading. Feel free to leave a comment below or send me an email with any questions.
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