It refers to the evolution of investing.
Some 200 years ago, the Dutch invented the mutual fund as a practical mechanism for small investors to participate in diversification benefits. Units of a mutual fund can only be purchased from the fund and redeemed at the fund, typically after the market closes.
There are only two ways to extract cash from your Self-Directed Fund because most SDF are fully-vested in stocks. Cash maybe safe, but it doesn't grow very quickly.
Bitcoin is cool, but not cool to own.
Bitcoin and its brethren of ‘crypto-currencies’ may seem to be cool. But they're not cool enough to actually own. That's because they fail to pass the "Brockmann Test of Common Sense". Here are five compelling reasons to stay away. Stay. Far. Far. Away.
Hang in there, especially when things are down.
Ruth Barrons Roosevelt described it first as Sin # 6 - Impatience. I see it as something closer to a feeling of ‘underwhelm’ - almost disappointment. Case in point:
Have you ever noticed how investing is a little like vacation planning?
Each year, when you’re deciding how you want to spend your summer holidays, you think about how much time you have, how much you can afford, and what you can do to have a fun and memorable summer. Then, you call your travel agent and start packing.
On the Scorecard view of the BeyondETFs Pro default view, is a little label 'Gap' with some % and $ value next to it.
At the moment of recorded purchase, an equivalent $ value and quantity of Index was also noted.
... some publishers depend on it.
I had a big laugh yesterday. You see, FOMO is the "Fear Of Missing Out," which is a common ploy for many marketers attempting to prey on their potential customers' fear of not having the latest, the coolest or the home run investment idea. And, as I witnessed yesterday, financial newsletter publishers are not exempt from playing the FOMO card.
Three issues in a complicated world.
No doubt there are many things both wrong and right with investing today. That being said, there will be millions of folks who end up with mediocre results for any number of reasons. Our goal in looking at this question is to develop a sense of what's going on at the 'macro' level to disadvantage the retail investor.
Change is a good thing.
Ch.. ch.. changes.
From time to time the fine folks at Standard and Poors, who created the S&P 100 Index, tune their results to account for acquisitions, spinouts and the other typical stock organizational changes. The FOX-Disney acquisition/spinout of 2019 was a recent and complicated such a case. For Beyond ETFs users FOX and FOXA had been in the Buy* Zone for the better part of the year prior to March 2019.
Modern Day Lessons in Investing
Here’s a short story about PG’s entry into and departure from my stock trading/retirement-investment account from 2018. Lessons still hold true - very true.