The following is a guest post by Rob Bennett, who writes at many venues. We’re grateful that Balance Junkie is one of them. This instalment of Rob’s monthly column is sure to stir some debate, so I’d love to hear everyone’s thoughts on his thesis here. Enjoy! My boys (Timothy, age 12, and Robert, age… Continue Reading
Tag Archives: passive investing
On the Evils of Market Timing
Eat, drink and be scary. ~Author Unknown I’ve got a little Halloween-themed Friday Food for Thought for you here today. I came across this article On Market Timing and Whiskey on Twitter via Rob Bennett. Basically, the author takes a 1952 quote about the pros and cons of whiskey and superimposes on it his own… Continue Reading
Couch Potato Rebuttals
I know what I have given you. I do not know what you have received. ~Antonio Porchia, Voces, 1943, translated from Spanish by W.S. Merwin Well, it took about two weeks, but the Couch Potato cabal piled on all at once in response to my post on Why This Is No Market for Couch Potatoes.… Continue Reading
Why This Is No Market for Couch Potatoes
Never accept the proposition that just because a solution satisfies a problem, that it must be the only solution. ~Raymond E. Feist Update: This article was featured in the Totally Money Carnival at Family Money Values. Thanks! A recent article in Money Sense magazine offered some data on investment returns for the publication’s preferred investment… Continue Reading
Safe Retirement Withdrawal Rates and Probable Outcomes
[Ed Easterling of Crestmont Research] favors us with yet another book, called Probable Outcomes: Secular Stock Market Insights, in which he takes on the mostly silly research, done by so many analysts, that purports to show what an investor can expect to make from his retirement portfolio over time. I can’t tell you how disastrous… Continue Reading
Passive Investing: Mixed Feelings
To be interested in the changing seasons is a happier state of mind than to be hopelessly in love with spring. ~George Santayana I’ve been thinking a lot more seriously about my investment approach lately since we’ll soon be at a point where we feel more comfortable about participating in the markets again. This is… Continue Reading
Ignorance Makes You a Better Investor & Other Money-Losing Fallacies
Genuine ignorance is . . . profitable because it is likely to be accompanied by humility, curiosity and open-mindedness; whereas the ability to repeat catch-phrases, cant terms, familiar propositions, gives the conceit of learning and coats the mind with varnish waterproof to new ideas. ~ John Dewey Update: This article was included in the Carnival… Continue Reading
Passive Investing and the Ostrich Effect
When you have to make a choice and don’t make it, that is in itself a choice. ~ William James Update: This post was selected for the June 1st, 2010 edition of the Best of Money Carnival posted at Free Money Finance. Thanks very much! It was also featured in the Carnival of Financial Planning… Continue Reading