Key takeaways Most of us (including myself) tend to pick mutual funds based on star ratings & past returns. But that is a mistake as per Bogle. Before you get to selection of mutual funds, make sure you have…
Key takeaways It’s natural to feel tempted to buy an asset class when prices are shooting up But buying Gold or any asset because prices have recently shot up is not very wise because of the principle of “reversion to…
Key takeaways I’ve tried to analyse mutual funds using a combination of a range of parameters & data over 20 years. Each time I picked a fund, it would under perform after a few years and I would do…
Key takeaways: Everyone knows we should buy when prices fall but not many know HOW MUCH more to buy when markets do fall because markets could keep falling for an indefinite period in the future This article presents Dr.…
Key takeaways Given how big one’s portfolio typically becomes, there is a lot riding on market returns during the last 10 years of a typical 40 year investing time horizon As a simple example, for a person who reaches…
Key takeaways Conventional wisdom states that one should decrease equity exposure as one nears and gets into retirement Bill Bengen’s research on the 4% rule suggested it was better to hold one’s equity allocation steady at the level at…
Key takeaways For a 4% SWR & 50% equity allocation no one had less than about 35 years before his retirement money was used up. For a 3% to 3.5% withdrawal rate even a 50:50 equity debt portfolio always lasted…
Key takeaways The 4% rule is critical because it helps calculate what portfolio value you need in order to retire safely Looked at another way, it is also critical because it tells you how much you can spend in retirement…
Key takeaways In the short term certain fund categories can generate astronomical returns But most such funds also carry a high risk & probability of falling as hard as they rise If any fund you own is generating high returns,…