Individual investor who has worked in business for 30 years. A follower of Jack Bogle and the index way of investing. Father and husband of over 30 years.
Advisors Nudge Retirement Investors Into Riskier Portfolios: A recent study published by the Center for Retirement Research at Boston College finds that financial advisors frequently nudge retired clients into more equity-heavy asset allocations than they might otherwise choose (though this is often to these clients' benefit given that advisors frequently have a more accurate understanding of the risk and reward tradeoffs involved) https://t.co/rrVUZ9ahSm (@manganaro_news | @ThinkAdvisor)
@FluentInFinance Ever notice that a lot of criminals downfall is “Tax Evasion”. By having this law / regulation, it is a lot easier to nab a criminal. I think Al Capone ultimately was nabbed for not paying taxes.
Harvard has set an example for other higher-ed institutions – rejecting an unlawful and ham-handed attempt to stifle academic freedom, while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and mutual respect. Let’s hope other institutions follow suit.
@wallstreetbets The retail investor is always the sucker in the trade. By definition, the inverse of your statement must be true. There is a person on both sides of the trade.
@bogleheads It is also a way to meet your goals. One of which should not be to “beat” anyone or anything. It is about getting to your goals while taking as little risk as possible. And, be careful of moving your goals. More is not always better - ENOUGH
1. Highest consumer sentiment since May
2. Lowest 1-yr inflation expectations since Dec 2020
3. Lowest retail gasoline prices since February
4. S&P 500 ~1% from all-time highs
5. 30-yr mortgage rates lowest since Feb 2023
6. US household net worth (Q2) all-time high 🇺🇸
@GuyTalksFinance How much was their annual income? My first house cost about $129k in 1993 and I made about $35k per year. So, $129 sounds great but when you remember the salary, not so much.
@DividendKam Because they would all ignore it and say they are going to be disruptors and all buy Bitcoin. Just let them get slaughtered by investors who know better.
I love listening to the “Pros” on @CNBC make up a story about why it is a “Stock pickers” market. They make up a different story always but always the broad market index wins. #indexinvesting