Ask The Compound
Investing a Pile of Cash in a Bull Market
Nov 20, 2024
Barry Ritholtz, CIO of Ritholtz Wealth Management and host of Masters In Business, brings his wealth of knowledge to discuss the intersection of politics and investing. He shares insights on the tricky timing of selling real estate, emphasizing the importance of personal finance. Ritholtz also contrasts dollar cost averaging with lump-sum investments at market peaks, and reflects on past investing mistakes, particularly with a zero coupon bond ETF. Plus, he lightheartedly dives into converting a classic Porsche to electric power, blending nostalgia with innovation.
35:38
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Quick takeaways
- Investors should prioritize a long-term perspective over reacting to political events, as historical data shows such reactions often lead to missed opportunities.
- In a bull market, lump-sum investing generally outperforms dollar-cost averaging, highlighting the importance of recognizing market trends and psychological barriers in investment strategies.
Deep dives
Evaluating the Need for a Financial Advisor
Determining when to fire a financial advisor is a significant decision for investors. Key factors include whether the advisor is fulfilling their promises and the value they provide via regular communication and financial planning. Clients should assess if their advisor’s services simplify their financial life or enhance their investment discipline. If clients feel dissatisfied, lack of communication or trust are common reasons for seeking a new advisor.
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