Fees and Expenses. Investors in mutual funds incur two primary kinds of expenses and fees: Fund expenses and loads. Whereas fund expenses are paid indirectly from fund assets throughout the year, sales loads are one-time fees that investors pay either at the time…
“Oh, money, I’m actually not interested in money.” So many people say that. Yet they’ll work at a job for eight hours or more (that they don’t even like) just to be able to buy stuff to impress their neighbours, the Tans and Lees (who they don’t really like…
I believe in growing our wealth defense is often more effective than offense. And a good defensive approach would be not to get too deeply indebted (money or otherwise). Some people say—follow the Golden Rule—”Don’t get into debt at all.”…
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
The other day I was reminiscing about two epiphanies that influenced my choices in life. So back in those days I wanted to be independent. And I figured the best means to independence is money. Not for the sake of…
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…
Being biased brings with it that we don’t think like we think we think. We make illogical decisions. Passive index fund investing via a Regular Savings Plan or Dollar-Cost-Averaging is logically right, right? But emotionally and in terms of common…
…but before we do that, allow me to elaborate a bit on it. Regression to the Mean (RTM) is the tendency for trends to flip with the passage of time; it’s nature’s way of levelling the playing field. Most things on Earth revert to…
…is themselves. That’s right, the single largest risk to investors is themselves. By that, I, of course, mean the influence of human emotion and psychology in decision making. It seems quite clear to me that humans are uniquely wired incorrectly for long-term…
At the beginning of each year, there’re many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the Stock Markets…