Category Archives: Investing

Failure Is Essential

Failure is essentialDid you know that failure is an essential part of learning how to do things?

None of us start out knowing how to do things. Despite that, many of us feel that we should somehow be instantly proficient when we we try something new. That means many of us are reluctant to try things that are new to us — especially when it comes to our money.

We worry that we’ll do it wrong, and so we don’t even really investigate our options. Or we may get started with something and then give up when we encounter difficulties or get frustrated at the speed of our progress. » Read more

Rebalancing Your Portfolio and Other Investor-y Terms

The investing process is filled with terms that you don’t hear every day. Terms like asset allocation, diversification, and rebalancing your portfolio pop up, and it’s almost like listening to a foreign language. But, there’s a trick to learning foreign languages, and it works with learning about investing too. It helps if you listen to native speakers, ask questions, practice, and try to understand.

With that in mind, I’d like to share some thoughts from Robert Stammers, who is a Chartered Financial Analyst and the director of Investor Education at the CFA Institute. My comments & “translations” are in brackets.
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