Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The Five Essentials of Financial Freedom: "determine an appropriate asset allocation, properly diversify within asset classes, understand and control risk, keep costs low."
Congratulations. You have successfully distilled the fundamental essence of investment wisdom into a single, succinct sentence. It is brilliant in its brevity and wise in its advice. Very fine investment books have been published that endorse a no more comprehensive plan for wealth accumulation.
On rare occasions, I give lectures on investing matters. I now plan to use your 5-point summary as the closing slide of those presentations. I’ll credit you. Thank you.
Don't credit the messenger...I just quoted the author (Sheldon Jacobs) highlighted in the article...hence the quotes...wish I could think so clearly and could grow a mustache like that.
Comments
The Five Essentials of Financial Freedom:
"determine an appropriate asset allocation, properly diversify within asset classes, understand and control risk, keep costs low."
Hi bee,
Congratulations. You have successfully distilled the fundamental essence of investment wisdom into a single, succinct sentence. It is brilliant in its brevity and wise in its advice. Very fine investment books have been published that endorse a no more comprehensive plan for wealth accumulation.
On rare occasions, I give lectures on investing matters. I now plan to use your 5-point summary as the closing slide of those presentations. I’ll credit you. Thank you.
Best Wishes.
Don't credit the messenger...I just quoted the author (Sheldon Jacobs) highlighted in the article...hence the quotes...wish I could think so clearly and could grow a mustache like that.