Simple, But Not Easy

It’s Simple but Not Easy!
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Your I. How could I dispense this counter-intuitive concept to my students in an applicable and understandable way? Buying high and selling low is the most common result of our behavioral follies. We rely too much on what recently happened to predict the future.

Simple Doesn’t Mean Easy – Corbett Barr

We often seek out opinions to confirm our existing beliefs. We sell our winning investments and place more money into the losers. We love to invest in our home country and ignore diversification. There are dozens of other cognitive defects but I am sure you get the point.

The simplest answer is to be aware of them. Avoiding high costs and conflicted financial salespeople posing as investment advisors will do more for your portfolio than anything else. This is something you can control.

cahefpilglu.tk Market returns do not fall under this category. Throw in limiting other investment frictions, like taxes and frequent trading, and your recipe for investment success becomes a gourmet meal.

Simple but not easy

Proper diversification will not keep you from losing money in a down market; you will just lose less of it. It also does not work every year; it does work over time. This is one of them. Two additional components need to be utilized to realize the full potential of diversification: Dollar-cost averaging investing a set amount of money on a regular basis and periodic re-balancing back to your predetermined allocations. This simple strategy is not easy.

The siren songs of emotions, conflicted financial salespeople, and inertia keep many from achieving their financial dreams. I hope my students remember this the next time they think about doing something crazy with their money.

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Market returns do not fall under this category. Throw in limiting other investment frictions, like taxes and frequent trading, and your recipe for investment success becomes a gourmet meal. Proper diversification will not keep you from losing money in a down market; you will just lose less of it.

It also does not work every year; it does work over time. This is one of them. Two additional components need to be utilized to realize the full potential of diversification: Dollar-cost averaging investing a set amount of money on a regular basis and periodic re-balancing back to your predetermined allocations. This simple strategy is not easy.

Reliance Capital

The siren songs of emotions, conflicted financial salespeople, and inertia keep many from achieving their financial dreams. I hope my students remember this the next time they think about doing something crazy with their money. If you would like to explore these strategies in greater detail, we would love to hear from you.

The problematic zone of fixation

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You'll also receive an extensive curriculum books, articles, papers, videos in PDF form right away. Successful investing requires more common sense than A Beautiful Mind.

Here is what I came up with. Most investment strategies work, as long as investors stick with them. How do we combat this propensity to self-sabotage our portfolios?

It’s Simple but Not Easy!

Remember, YOU are your own worst enemy. The rest will take care of itself. Diversification Proper diversification will not keep you from losing money in a down market; you will just lose less of it.