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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.

This offering of Grand Rounds looks at articles from around the web that deal with investing issues.

 

 

No matter how smart you think you are, there is someone who can pull the wool over your eyes and con you.

I have already shared multiple scams that I have been a victim of:

• A Sucker Is Born Every Minute: Case Study On The Art Of The Scam
• Oops. I Did It Again. The Latest Scam I Fell Victim To.
• And falling to a scam perpetrated by a radiology attending when I was a resident.

 

Maybe you will do better than I when it comes to scams.

Physician on FIRE tries to help out in “Top 5 Ways to Spot (and Avoid) Investment Scams.”

 

 

 

The old adage for successful investing is to buy low and sell high.

However time in the market, rather than timing the market, is your best bet.

Don’t believe me?

Well A Wealth Of Common Sense proves this to be true when he creates an interesting hypothetical experiment, “What If You Only Invested At Market Peaks?”

 

 

 

Of course there are always people who buck the trend and take a more contrarian approach.

Sometimes it works in your favor.

Sometimes it doesn’t.

This does not seem to dissuade Future Proof MD who explains his rationale in, “Why I Sold All My Stocks.”

 

 

 

Everyone loves to find that winning lottery ticket or next hot stock, thinking that is the quickest way to riches.

It can also be the quickest way to find yourself in the poorhouse if all you do is chase the big score.

I have previously written about this phenomenon discussing the game show Deal or No Deal where one individual was faced with an incredibly tough choice.

Financial Ducks In A Row also draws inspiration from the show in, “Why Most People Are So Bad At Stock Picking (and what does Howie Mandel have to do with it?)”

 

 

 

The 4% rule is one of the more famous rules being touted by the personal finance community.

It implies that if you are financially independent when your nest egg is large enough that a 4% withdrawal meets or exceeds your annual living expenses.

But beware of blindly following this rule because you can underestimate how large your nest egg should truly be so that you do not run out of money in retirement.

Financial Success MD points out some issues in, “Everyone is using the 4% rule wrong.”

 

 

Hope you enjoyed the reading material.

Have a great rest of the week.

 

 

Note:

If you are in search of financial help, please consider enlisting the service of any of the sponsors of this blog who I feel are part of the “good guys and gals of finance.”

Even a steadfast DIY’er can sometimes gain benefit from the occasional professional input.