Friday, October 7, 2016

Short Takes: Danger of Boredom, Smart Beta, and more

Here are my posts for the past two weeks:

Shrinking Bonds

Selling off the last of my individual stocks

Here are some short takes and some weekend reading:

Jason Zweig explains the dangers of becoming bored with investing.

Canadian Couch Potato wraps up his series on smart beta with a discussion of the quality factor. When you first start digging into smart beta, it seems like minor tweaks to index investing. But as this explanation of the quality factor makes clear, you can find yourself almost all the way into the world of stock picking swimming with sharks.

Preet Banerjee explains some of the scary aspects of group RESPs in one of his Drawing Conclusions videos.

A Wealth of Common Sense says “good riddance” to financial advisors in the U.S. who are thinking of quitting because of new fiduciary rules.

Boomer and Echo looks at different areas where we may not make rational financial decisions. No doubt this annoyed some readers; few people react well to being told they’re irrational.

Big Cajun Man encourages people to speak up if their financial advisor or institution isn’t making sense. We tend to think it’s our fault if we don’t understand, but it isn’t. It’s their fault and they deserve to hear about it from you.

Million Dollar Journey gives an update on his journey to financial freedom.

My Own Advisor explains the new mortgage rules.

3 comments:

  1. It is astounding how many folks I meet that simply "roll over" when either mistreated or worse given horrendous advice, stand up for yourself and your money. Thanks for the inclusion, enjoy the Turkey Weekend (no not a Trump comment).

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  2. Thanks for the mention Michael. I hope all is well. I smiled when I read your post about selling off the final portion of your individuals stocks - you're now a full-blown indexer. Beauty in simplicity, right?

    Mark

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    1. @Mark: Some would argue that my allocation to VBR (an ETF of U.S. small cap value stocks) is not pure indexing. However, I don't care about purity. What selling Berkshire did for me was to allow my portfolio to run entirely by my spreadsheet. So, you're right -- there's beauty in simplicity.

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