When the “Shockingly Simple Math” is…Shockingly Wrong
A recent idea from the godfather of FIRE / financial independence comes to a dangerously incorrect conclusion.
A recent idea from the godfather of FIRE / financial independence comes to a dangerously incorrect conclusion.
How did a couple simple mistakes result in a $12,000 issue in our annual tax return?! Make sure you do this smart habit.
If you’re looking for a real-world laboratory to understand “behavioral finance,” then tax season might be the perfect choice.
When everyone sounds smart, you need to have a different filter to determine good vs. bad vs. ugly.
“Unreliable conclusions because the analyzed group [FIRE, Bogleheads] differs significantly from the population [everyone else].”
A few eye-opening study shows just how challenging it is to pick individual stocks (and win). The “haystack” is 96% a waste of time.