Learn about preparing for life after full-time work through posts from Don's upcoming book.
There’s a simple concept that is extremely useful. Just compare how much you’ve got with how much you need! Here’s how to apply that concept to see how far you’ve come.
When partners find that they have different attitudes to risk, there are many sensible ways to proceed.
Sometimes partners find that they have different attitudes to risk. This post shows several examples.
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.