Learn about preparing for life after full-time work through posts from Don's upcoming book.
Once we have made a calculation of the effect of good and bad outcomes, we need to think about how we’d react to these outcomes. That enables us to make a decision on our attitude to risk.
We know that investments can be focused on safety or on growth. That doesn’t help us to decide where in the safety-growth spectrum to place ourselves. Another complication, right? Actually, as this post shows, the key is to consider the extent to which good and bad outcomes affect our lifestyle.
As I did at the end of 2017, I’ve summarized one quarter’s posts, so that you can find a particular post conveniently identified by topic.
After all the analysis, you still have to decide: active or passive. This post lays out precise reasons that tilt you in one direction or the other — or both.
If we make enough choices, some will work out and some won’t. How do we distinguish luck from skill? Is there skill? What is it worth? This post looks at those questions.
What do we pay for the privilege of asking someone else to manage our investments? This post lists many forms of payment.
One of the most heated (and therefore potentially confusing) topics in investing is whether to be active (try to choose winners) or passive (just “go with the flow”). In this post we’ll see that one reason for the confusion is that “active versus passive” really encompasses many different questions.
How have different kinds of investments performed in the past? Let’s take a look, because history, even though it doesn’t predict the future, is still a good basis for adding to our understanding of investments.
Wouldn’t it be great if we had enough money to create a lifetime income stream, and could live forever in the home we own? Sure! But all too often we need to use our home to help generate that income stream. This post explains four ways to do so.
We’re all different; we’re all individuals. Even in marriage, becoming one team, we still retain our own personalities. This post focuses on times when it’s important to recognize those differences.