A lot of times market surprise us. People rise and we forget. And so i think markets, as you said, all that information comes into price, and it's moving very quickly. But being an indexor is a factor in its own sure. I love the answer about dollar cost virs lump sum,. because will rogers, the humorist from the thirties, used to say, i do well in stocks cause i buy stocks and they go wat. If they don't go up, he says, i'm a momentum investor. It's just a question of, like, i don't think you necessarily have to load up on efenly can if you want divers
Nick Maggiulli is a financial educator, author of the blog “Of Dollars and Data”, and the newly released book “Just Keep Buying: Proven Ways To Save Money And Build Your Wealth.” In this episode, we talk with Nick about the robust empirical research that has gone behind the insights and ideas presented in his new book! You can follow Nick on Twitter at https://twitter.com/dollarsanddata and buy his book at https://ofdollarsanddata.com/justkeepbuying/ Show Notes:
- Coming up with title of the book
- The save-invest continuum
- Is buying a house a good investment?
- Debt: Good or bad?
- On being shaped by our experiences
- One path the wealth creation?
- 2020 vs 2021 as an investment year
- Handling emotions during a bear market
- Importance of diversification
- The ideal asset allocation
- The Great Reshuffle
- The argument against stock picking
- Negative yield bonds
- Lump sum vs. DCA
- Index investors or momentum investors
- Life as a growth, and value stock
Books Mentioned:
- Just Keep Buying; by Nick Magguilli
- Security Analysis; Benjamin Graham
- The Intelligent Investor; Benjamin Graham
- Influence; by Robert Cialdini