The wealthy have invested their resources for thousands of years, likely since before history was recorded. There are references to investment management in biblical sources. The Talmud has a portfolio allocation (1/3 cash, 1/3 real estate, 1/3 business). Some of … Continue reading
Advice #1: Be skeptical of people that make you big promises. I’m not saying that extraordinary claims can’t be true but there is a lot of dishonesty in the financial industry. Be a prudent shopper. Advice #2: Always be aware … Continue reading
Correct investing is multi-year long term. Trading is never about out guessing the market. It is about your risk, about rebalancing, and about cash flow. Trading should be occasional at most. Commissions should be discount. Commissions destroy portfolios. The research … Continue reading