Masters in Business
At the Money: The Right and Wrong Way to Approach Investing
Oct 25, 2023
Dave Nadig, Financial Futurist for ETF Trends and ETF Database, shares insights on investing, including the importance of individual circumstances, the simplicity and effectiveness of a diversified portfolio, intelligence versus investing success, and accepting uncertainty as well as a simple investment solution.
14:26
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Quick takeaways
- Investing success can be achieved through a simple and cost-effective approach of owning low-cost index ETFs and rebalancing the portfolio annually.
- Managing emotions and avoiding impulsive decisions is crucial for successful investing, embracing a disciplined approach such as investing in index funds can help achieve long-term goals.
Deep dives
Investing is a Solved Problem
Investing is often perceived as a complex and daunting task, but in reality, it is a problem that has been solved. The core principles of investing, such as asset allocation and risk management, have been mathematically understood for decades. The key is to focus on the difficult part, which is making the right decisions based on individual needs and goals.
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