With new Platinum members joining on a regular basis, and no portfolios up for review today, now is a good time to summarize what this blog is all about. Long-time readers, and those who have taken the time to read a significant portion of the available material, witnessed an evolution
Search Results for: golden rule
William Bernstein Recommends Saving More and Spending Less
William J. Bernstein, in a recent interview, projects modest market gains (2% net expenses) over next two decades. That does not bode well for the 45 to 55 age generation. Here is a quote from the Bernstein interview. “The way you’re going to get rich is by working hard; not
Ten Investment Resolutions for 2015
2015 Resolutions As we are turning the page into 2015, it is worthwhile establishing or reexamining our investment goals. Many on the list are not new to readers of ITA Wealth Management. So let’s begin. 1. Lay out an investment plan if you have not already done so. Write it
Retirement Planning Mistake #5
This celestial object looks like a delicate butterfly. But it is far from serene. What resemble dainty butterfly wings are actually roiling cauldrons of gas heated to nearly 20 000 degrees Celsius. The gas is tearing across space at more than 950 000 kilometres per hour — fast enough to
Retirement Planning Mistake #1
Mistake number one in my book is failure to save or to not follow The Golden Rule of Investing. Open up a spreadsheet and run your own calculations for the following classic comparison. As a nineteen year old you have the foresight and financial opportunity to save $2,000 per year
Reviewing The Fundamentals of Investing
Search this blog site for “The Golden Rule of Investing” and you will pick up the basic ideas of Rule #1 of Investing. The Golden Rule of Investing is – “Save as much as you can as early as you can.” Burton Malkiel puts it this way. “The amount
Goofus vs. Gallant
As a small boy, my family subscribed to a magazine called “Children’s Activities.” Each issue contained a story of two characters, Goofus and Gallant. We all wanted to be like Gallant, although we frequently found ourselves behaving like Goofus. Here is another Goofus/Gallant tale, this time with
Basic Investing Principles
ITA Wealth Management focuses on the following investment philosophy. Follow The Golden Rule – “Save as much as you can as early as you can.” Build the portfolio around index ETFs instead of attempting to select individual stocks. Understand the relationship between return and risk. Employ a risk reduction model
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