Continuing our detailed review of "The Investor's Manifesto" by William J. Bernstein, we're going to look at Chapter 6, "Building Your Portfolio."
This chapter boils down to one sentence of advice from Mr. Bernstein: "Save as much as you can, start as early as you can, and do not ever …
It's time for some Inside Baseball about schof.org. There haven't been too many change to the site that most people noticed, but I've made some significant changes under-the-hood, and I thought I'd take a moment to speak about them, and also about the tools I use to make this …
Continuing my chapter-by-chapter notes on William Bernstein's "Investor's Manifesto," here we take up Chapter 5.
I'll open with a quote from Bernstein that nicely summarizes the chapter:
The prudent investor treats almost the entirety of the financial industrial landscape as an urban combat zone. This means any stock broker …
When I first heard about Healthcare Savings Accounts, I was intrigued, then disappointed, and then forgot about them.
The idea behind an HSA is that you put money in an IRA-like account (tax-free) that can only be used for healthcare expenses. My medical expenses aren't that high -- why do this …
This is a short course in Financial Competence, written for fellow autodidacts. The texts in the "Essential Reading" section are exactly that -- books, articles, white papers, and web pages -- that constitute the minimum of essential reading for anyone interested in reaching financial competence.
Please note that at this time …
If you're an investor counting on the 4% Safe Withdrawal Rate for your retirement planning, your pucker factor should be going up to about an eight right now.
I first heard of the "Four Percent Safe Withdrawal Rate" via Mr. Money Mustache. It states that if you draw down …
I was captivated by The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. It's amazing that Schroeder was given the access that she was, and the result is a truly fascinating book about a great investor and businessman.
It's not a snow job by any means -- Buffett …
Continuing our chapter-by-chapter review of "The Investor's Manifesto," by William J. Bernstein, we're going to look at Chapter 4, which focuses on investor behavior. In the last chapter we made a plan for how to handle our portfolio. In this chapter, we learn why many investors don't stick to their …
We continue our chapter-by-chapter notes on the "Investor's Manifesto" by Bernstein with Chapter 3, about the different assets you'll keep in your portfolio, and how you'll balance them.
And here, it's appropriate to review our goals in investing. We are not striving to rich quickly. If that's your goal …
Here I continue my review of "The Investor's Manifesto" by Bernstein with my notes from Chapter 2. In Part 3 of my notes, we cover estimating returns on stocks, and a good deal more about choosing stocks and other investments. There's some math here, but also a good deal of …