๐ง๐ต๐ฒ ๐บ๐ผ๐๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐ฟ๐ฒ๐๐๐ฟ๐ป๐ ๐ถ๐ป ๐น๐ถ๐ณ๐ฒ ๐ฐ๐ผ๐บ๐ฒ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐๐ ๐ผ๐ณ ๐ผ๐๐ฟ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐๐ ๐ผ๐๐ฒ๐ฟ ๐๐ถ๐บ๐ฒ, ๐๐ต๐ฒ๐๐ต๐ฒ๐ฟ ๐ถ๐ป ๐ผ๐๐ฟ ๐ฐ๐ฎ๐ฟ๐ฒ๐ฒ๐ฟ๐, ๐ต๐ผ๐ฏ๐ฏ๐ถ๐ฒ๐, ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป๐๐ต๐ถ๐ฝ๐, ๐ผ๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ๐.ย
Isn’t one of our motivators to work the money we get for itโ
Then let’s also have our money work harder for usโ
Your edge over Wall Street (aka โThe Smart Moneyโ) is time ๐:
You (aka “The Dumb Money”) are not in a race & do not have to explain to your shareholders every quarter how your investments have performed (maybe you have to explain it to your spouse though).
๐ ๐ผ๐๐ฒ 1๏ธโฃ – ๐๐ต๐ฎ๐ป๐ด๐ฒ ๐๐ต๐ฒ ๐๐ถ๐บ๐ฒ๐๐ฐ๐ฎ๐น๐ฒ ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐น๐ถ๐ณ๐ฒ & ๐๐ผ๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ ๐๐ผ๐๐ฟ ๐น๐ถ๐ณ๐ฒ. ๐ฆ๐๐ฎ๐ฟ๐ ๐ฒ๐ฎ๐ฟ๐น๐ ๐๐ถ๐๐ต ๐๐ต๐ฎ๐. ๐ง๐ต๐ฒ๐ป ๐๐ต๐๐ ๐๐ฝ & ๐๐ฎ๐ถ๐.
โ๐๐ท๐ฆ๐ณ ๐ฅ๐ฆ๐ค๐ข๐ฅ๐ฆ-๐ญ๐ฐ๐ฏ๐จ ๐ต๐ช๐ฎ๐ฆ ๐ฉ๐ฐ๐ณ๐ช๐ป๐ฐ๐ฏ๐ด, ๐บ๐ฐ๐ถ๐ณ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ฑ๐ฆ๐ณ๐ง๐ฐ๐ณ๐ฎ๐ข๐ฏ๐ค๐ฆ ๐ธ๐ช๐ญ๐ญ ๐ฎ๐ข๐ช๐ฏ๐ญ๐บ ๐ฃ๐ฆ ๐ฅ๐ฆ๐ณ๐ช๐ท๐ฆ๐ฅ ๐ง๐ณ๐ฐ๐ฎ ๐ฉ๐ฐ๐ธ ๐บ๐ฐ๐ถ ๐ฉ๐ข๐ฏ๐ฅ๐ญ๐ฆ ๐ค๐ฐ๐ณ๐ณ๐ฆ๐ค๐ต๐ช๐ฐ๐ฏ๐ด, ๐ฃ๐ฆ๐ข๐ณ ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต๐ด & ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต ๐ค๐ณ๐ข๐ด๐ฉ๐ฆ๐ด.โ โ ๐๐ฆ๐ฏ ๐๐ข๐ณ๐ญ๐ด๐ฐ๐ฏ
With investing in equities there is this little annoying challenge of finding the needle in the haystack. We just don’t know enough to find those. But we can invest in the haystack (or even the entire barn) by investing in broad-based ETFs.
โถ ETFs guarantee you market returns minus a small fee. ๐
โถ Actively managed funds guarantee you large fees plus nothing else. ๐
๐ ๐ผ๐๐ฒ 2๏ธโฃ โ ๐ฆ๐ฎ๐๐ฒ ๐๐ถ๐บ๐ฒ & ๐๐ถ๐น๐น๐ฝ๐ผ๐๐ฒ๐ฟ ๐๐ถ๐๐ต ๐ฎ๐ป ๐ฎ๐๐๐ผ๐บ๐ฎ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐ฟ ๐๐ฎ๐๐ถ๐ป๐ด๐ ๐ฝ๐น๐ฎ๐ป ๐ถ๐ป ๐ฏ๐ฟ๐ผ๐ฎ๐ฑ-๐ฏ๐ฎ๐๐ฒ๐ฑ ๐๐ง๐๐.
โ๐ ๐ธ๐ฐ๐ณ๐ญ๐ฅ ๐ฆ๐ฒ๐ถ๐ช๐ต๐บ ๐ช๐ฏ๐ฅ๐ฆ๐น ๐ต๐ณ๐ข๐ค๐ฌ๐ฆ๐ณ ๐ช๐ด ๐ต๐ฉ๐ฆ ๐ฐ๐ฏ๐ญ๐บ ๐ฆ๐ฒ๐ถ๐ช๐ต๐บ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ข ๐ณ๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฐ๐ณ ๐ฆ๐ท๐ฆ๐ณ ๐ฏ๐ฆ๐ฆ๐ฅ๐ด ๐ต๐ฐ ๐ฐ๐ธ๐ฏ.โ โ ๐๐ข๐ณ๐ด ๐๐ณ๐ฐ๐ช๐ซ๐ฆ๐ณ, ๐๐ฏ๐ท๐ฆ๐ด๐ต๐ช๐ฏ๐จ ๐๐ฆ๐ฎ๐บ๐ด๐ต๐ช๐ง๐ช๐ฆ๐ฅ
๐๐๐ง๐๐๐ค๐ญ๐๐๐๐ก๐ก๐ฎ, ๐ฌ๐๐๐ฃ โ๐๐ช๐ข๐โ ๐ข๐ค๐ฃ๐๐ฎ ๐๐๐ ๐ฃ๐ค๐ฌ๐ก๐๐๐๐๐จ ๐๐ฉ๐จ ๐ก๐๐ข๐๐ฉ๐๐ฉ๐๐ค๐ฃ๐จ, ๐๐ฉ ๐๐๐๐จ๐๐จ ๐ฉ๐ค ๐๐ ๐๐ช๐ข๐.ย
Investing regularly in index funds has turned much of the investing public from the โdumbโ money to the smart money while the professionals have underperformed for years.ย
What do you think about the success rate of these two moves?
โThe reality is that we all have the brainpower to be successful investors. But whether we have the willpower is a different matter, altogether.โ โ David Kuo