120: Meb Faber – A Crash Course in Long-Term Investing—For Short-Term Traders
Chat With Traders
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How to Write a Good Investment Plan
If you don't have a written investment approach, then you're simply flying blind. Do you have 50 grand in the bank or one or two years of expenses that you can cover your investment? And if you don't, you don't really need to be putting the rest at risk because these markets can have large drawdowns. Traditional financial advisors do a good job of this but they charge about 1% a year. If you don't feel like you can trust yourself, a lot of people can't.
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