Wealth of Ideas
Personal Finance Fundamentals Everyone Should Know
In This Issue
Two Important Videos
What to Do Next
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  • Passive vs. Active
  • RIA's vs. Brokers
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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. 
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.
Until next month.
 
Sincerely,

John O'Reilly
O'Reilly Wealth Advisors
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