The Importance of Complexity in the Stock Market

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In your book, you outlined the different levels of elegant simplicity. You had symbiosis, intermediates and complexity for different fund combinations. We think most investors could probably handle a little bit more complexity. And in fact, we know that people who invest in target date funds often also invest in a second fund or a third fund. They do almost, they can't help themselves.

Robert Leonard chats with Chris Pedersen, who is an engineer by training, and new opportunity finder by nature & Paul Merriman, who is a nationally recognized authority on mutual funds, index investing, and asset allocation. They talk about how young investors should be thinking about inflation, financial advisors, ETF investing strategies, how to supercharge and simplify your investments, how to start a financial education non-profit and more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:26 - Why a financial education foundation was needed.

14:15 - The difference between fee-based and AUM financial advisors.

21:26 - What the ultimate buy and hold strategy is.

24:29 - How to simplify your investing and maximize returns with ETFs.

38:52 - How young investors should be thinking about inflation.

43:55 - Misconceptions around money and investing.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Free book: We’re Talking Millions.
Free book: 2 Funds for Life.
The Merriman Financial Education Foundation.

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