Tag Archives: Investing
Gender financial stereotypes abound. Women are risk-averse—to their detriment! Overconfident men trade more—to their detriment!
In most areas of life, it’s often best if we ignore the little things that we typically can’t control, such as traffic on the way to work or rain on your wedding day. However, in my opinion, you should sweat … Read more
Chief economist’s log, stardate 62014.1
Okay, everybody, don your pointy ears. We’re going to boldly go where (I’m guessing) no investment company has gone before. We’re going to talk about how wise long-term investing is like Vulcan investing.
I’ve always … Read more
Early in my Vanguard career, I accompanied Vanguard founder Jack Bogle to a meeting in New York City. I’d never traveled anywhere with the founder of a multi-billion-dollar anything before. Would we chopper up to the East 34th Street Heliport? … Read more
Suppose, after reading a favorable article on a company, you go out and buy the stock at $10 per share. A year later, the stock price reaches $20, and you close out your position, doubling your money in a year—a … Read more
On July 4, 1776, the Second Continental Congress, gathered in Philadelphia, to adopt the Declaration of Independence. Two hundred years later, some 20 miles west of Independence Hall, in a nondescript office park near Washington’s Valley Forge headquarters, John C. … Read more
Most of us are used to earning a salary and building retirement savings gradually, over time. It is a deliberate and steady process. Sudden wealth, on the other hand, means receiving more money than you’re used to being responsible … Read more
People don’t often share their investment mistakes. Can you recall the last time a friend or colleague mentioned how inept they are at managing their investments? First, most polite people have been raised not to openly discuss their finances. Second, … Read more