Blowhards, Broken Clocks, and Confirmation Bias
These astrologers are the boys who cried wolf. And we’re correct to not believe them, even when they happen to get one right. They’ve foisted it upon themselves.
Should you be hand-picking stocks? Timing the market? Or taking the “lazy portfolio” way out?
Investing and Retirement are complicated and consequential topics. The articles below address these complex ideas.
I hope you enjoy them! And let me know what other questions you’d like me to dig into.
These astrologers are the boys who cried wolf. And we’re correct to not believe them, even when they happen to get one right. They’ve foisted it upon themselves.
“Jesse – I don’t understand why you hold bonds. I don’t know why anyone holds bonds. Can you explain the “problem” with a 100% stock portfolio?”
I’ve been playing a little golf in my own life, and I had a small epiphany after my latest adventure chasing balls through the woods: golf and financial literacy are basically the same.
An easy way to level up your finances is to bucket your money. It’s a mental accounting trick that helps both your objective financial plan and your subjective financial mindset.
Can I contribute cash and then wait to invest once the market hits its bottom? You can. But it’s not a smart idea.
My thoughts on investing have shifted over the years. New ideas consistently challenge me and force me to question my assumptions. The biggest: is there skill in investing?