The two videos below scare Wall Street to death!
The two videos rationally and calmly trash Wall Street's "conventional wisdom".
This is the perfect follow-up to last month's newsletter on how to objectively assess your current advisor (or yourself if you are a do-it-yourselfer). Both videos are professional, crisp & clean. The 5 minutes seems like 2 minutes.
In the first 5 minute video, a leading financial academic leader, Dr. Kenneth French, in an interview format, explains the difference between Passive & Active Investing.
In the 5 minute follow-up video, also an interview of Dr. French, he explains how to choose a superior advisor.
Enjoy!
Note: If you can share this wisdom with your kids, and the understand and implement -- they will retire earlier with more money. Watch and learn for them, if not for you.
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What to Do Next
The proof of the pudding is in an objective analysis of the data. Let's compare the performance of your current investment strategy with a passive approach. The more data (length of time) the more statistically valid the comparison.
Once you have a rational investing approach in place - the next step is to put a comprehensive plan in place (vetted by a collaborative team of experts) and implement it with gusto.
Just give us a call or e-mail.
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