faith in investments Archives

Investment advisors and robo-advisors have a massive disadvantage – they are short-term thinkers. You can easily outperform them by learning the skill of long-term thinking. Short-term thinking leads them to select suboptimal investments and focus on the wrong risk. You can clearly see this because nearly all investment advisors and robo-advisors do the “4 Performance…

Excellent video that summarizes our practice. It’s worth your time to understand: The profound change in your life a Financial Plan can give you. How Unconventional Wisdom creates very different and far more effective advice for you. I was recently interviewed for the 4 Pillars of Entrepreneurship Summit, an online summit of entrepreneurs talking about…

Remember February 2009? Stock markets had fallen more than 40% over 6 months. What did investors do? They sold more stocks that month than any other in history – at the market low! It was followed by the longest bull market in history – 11 years and 2 days from March 10, 2009 till March…

You know the basics about the Smith Manoeuvre. It’s a big decision. Here is a discussion of the big issues. Listen to my new podcast with Sean Cooper from BurnYourMortgage.ca . Here is the link: How to Successfully Implement the Smith Manoeuvre with Ed Rempel We discuss: • Why should you consider the Smith Manoeuvre?…

It’s back! Join me and 25+ top financial experts, journalists and bloggers for 3 days of online educational videos you can watch in your PJs. It’s 100% online so you can stream all the talks right from your computer/tablet/phone. The Summit is on September 26-28. You can get FREE tickets, a list of speakers, and…

The conventional wisdom is that bonds and fixed income are safe investments and you need them to stabilize your portfolio. The truth is much more complex. Understanding the high risk of bonds can be one of the easiest ways to get higher investment returns and achieve your life goals. While bonds are less risky short-term…

Many people believe that growth of the value of their home has been phenomenal over the last few decades. The common belief is that growth is similar to the stock market and much less risky. Is this actually true? This is important, because believing a home is the best investment leads you to: Feel you…

You review your investments and notice that one is not doing well. You sell and buy a different investment that has been doing well for a few years. You heard favourable news in the media, internet or from your advisor related to the new investment. That’s it! That is the gigantic mistake you keep…

Amateur investors often look down on professional fund managers thinking they are not worth their fees. Meanwhile, professional fund managers tend to think of amateur investors as “dumb money”. What is “dumb money”? It is investors that invest when the markets are high and then sell when the markets are low.