Many extremely wealthy people have a much better handle than others on a key concept of success: the long game. The long game means having a concrete vision of your ideal future down the road—years or even decades from now—and taking specific, carefully considered action steps at every stage along […]
Each year, Dimensional analyzes returns from a large sample of US-based mutual funds. Our objective is to assess the performance of mutual fund managers relative to benchmarks.* This year’s study updates results through 2018. The evidence shows that a majority of fund managers in the sample failed to deliver benchmark-beating […]
David Booth, the Founder of Dimensional Funds, talks about Jack Bogle the Founder of Vanguard Funds and Index Investing. Jack and the Dimensional Funds Founders had so much in common. Dimensional Funds created the first indexes and proved the value that market investing offers over active management and that low […]
This article says, in a slightly prettier way, the message I recently prepared for a Client who is a senior Exec and a serious analytical personality type – diversification by investing globally offers a significant opportunity. Click Here to View Article
Younger workers reported big gains in their happiness with pay. American workers under 35 reported being happier with their paychecks than people over 55 for the first time since at least 2011. Overall, the share of workers satisfied with paychecks rose to 46.4% in 2018, from 43% in 2017, an […]
Here is an article that reviews the math of market timing…
The keys to building wealth are buying right and selling right. Always buy “on sale” and sell them at a premium. Here is the latest guide to what to consider investing in and what to hold onto. Equity markets around the globe posted positive returns for the quarter. Looking at broad market […]
China is always a fascinating case study. Consider that this is a “communist country”. Consider it was China’s influence in Vietnam that lead us to committing troops to support the South Vietnamese government back in 1963. Who says we lost the Vietnam war? Certainly no one with an idea of […]
What role does your business need to play in helping you achieve financial freedom? 1. How do you see your involvement in your business changing or evolving in the future? 2. What’s your next great adventure after you leave your business? 3. Which obstacles do you think could derail your […]
The LEAP Foundation asked me to give a talk to 400 young people on Money Management at UCLA today. It’s a one hour talk and that is a really big topic. Should I talk about the importance of having an investment philosophy? Should it be investing 101? Why invest? Where […]
