Grand Rounds: Investor Beware
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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 some of the issues we face dealing with investing.
Sometimes it is better to be average.
This statement may go against the grain of most physicians as we have been conditioned to always push ourselves and shoot for the top percentile.
But in investing this can be a fools errand.
Trying to beat the market most likely will have you achieving returns BELOW the market.
Gasem reflects on this principle with an easy to read article, “Towards A Unified Perspective on Retirement.”
Every dog has its day.
It is easy to get caught up in the latest trend and have FOMO (Fear Of Missing Out).
This is particular true in investing where people tend to chase past performance (a no no).
David Graham of FI Physician gives a great explanation and some interesting observations on a table a lot of us have seen and influenced by in the article, “Callan Table- Lessons From The Past.”
There will always be an on-going debate between the faction that believes it is better to invest rather than pay down a mortgage and the faction that believes having a fully paid off home is the way to go especially when approaching retirement.
I have previously written on my decision to fully pay of my mortgage (and even to this day I do not regret this choice due to the financial peace of mind it has provided).
A lot of us have seen articles about why it is best to enter retirement without a mortgage, but is it really?
David Graham of FI Physician says actually carrying a mortgage into retirement may be beneficial in, “A Mortgage Actually Protects Against Sequence Of Return Risk In Retirement.”
In this world there are two types of people.
There are those who work hard and make money.
And there are those whose sole intent is to separate you from said money.
The best way to protect yourself from the latter is to arm yourself with knowledge of how they typically operate.
Fortunately for you, Full Time Finance has done just that in, “Know Thy Enemy: Common Stock Market Swindles.”
What does a single grain of rice have to do with finance?
Quite a lot, especially if you are young girl who outsmarted an Indian Raja with her seemingly simple request for a reward.
The College Investor expounds on this age old fable and demonstrates the power of time in the process in, “Would You Rather Have A Penny That Doubles Each Day For A Month Or $1 Million?”
Hope you enjoyed the reading material.
Have a great rest of the week.
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