The mental benefits of passive investing
In my last post I laid out step-by-step exactly how I manage and invest my money.
Most of my investment portfolio is in passive, diversified index funds. This means I don't choose any specific stocks myself, I simply invest in the world markets as a whole.
By definition, this means that I won't beat the market.
What?! Isn't the point . . .
A simple and effective approach to building wealth
A couple of years ago I wrote a post about How to Start Investing Today.
Since then, my basic investment philosophy has not changed, but some of my specific recommendations have evolved.
In this post, I reintroduce my investing philosophy and share my updated and specific steps for how I manage my money.
Who is this for?
This post . . .
(downloadable financial model included)
[Note: Scroll to the bottom of the post at anytime to download the calculator]
A house is the biggest purchase that many of us will ever make.
Yet far too many people spend disturbingly little time running the numbers on what they can afford.
People will literally spend more time agonizing over whether to spend an extra . . .
When it comes to investing your money, one of the first principles to understand is compound growth.
We often hear things like:
"The biggest money mistake I ever made was not starting to invest earlier."
"Start investing even a tiny amount early, and you can be a millionaire by the time you retire."
"If you save just . . .
Earlier this week I was on a panel for the Oregon Entrepreneurs Network about preparing for investment. I sat on the panel with Brad Zenger who happens to chair our Board,and Terry St. Marie, who is one of our investors (indirectly through the Oregon Angel Fund).
We had lunch and a conversation with 15 early stage entrepreneurs, almost all . . .