Posts Tagged ‘smart money’

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…

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why paying off student loans is the worst

Have you heard the story of the “Frustrated Student Loan Payer”? I have seen this story 100 times in real life. A smart kid goes to university and graduates with a large student loan. She spends several years working to pay off the loan. While paying off the loan: She delays becoming independent and stays…

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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.

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