Comments on: My biggest money mistake times three http://www.bluntmoney.com/my-biggest-money-mistake-times-three/ Thu, 17 Dec 2009 12:51:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: » My Best and Worst Money Moves Ever (So Far!) on Blueprint for Financial Prosperity http://www.bluntmoney.com/my-biggest-money-mistake-times-three/comment-page-1/#comment-469 » My Best and Worst Money Moves Ever (So Far!) on Blueprint for Financial Prosperity Wed, 08 Nov 2006 18:56:31 +0000 http://www.bluntmoney.com/my-biggest-money-mistake-times-three/#comment-469 [...] Blunt Money - Best Move, Worst Move [...] [...] Blunt Money – Best Move, Worst Move [...]

]]> By: makingourway http://www.bluntmoney.com/my-biggest-money-mistake-times-three/comment-page-1/#comment-407 makingourway Tue, 31 Oct 2006 14:43:37 +0000 http://www.bluntmoney.com/my-biggest-money-mistake-times-three/#comment-407 I think the principles of the advice you accepted make sense, but they do require alot of dilligence. My recommendation: Take a passive approach to invest with a diversified portfolio of index funds that have minimal correlation - then rebalance every year or quarter. This gets you out of the investment advice problem right away - most is usually bad. Little financial research beats the market consistently - results tend to randomize. Check out William Bernstein's Four Pillars or Rick Ferri's Asset Allocation books. I review a few chapters of the Four Pillars at my blog www.makingourwayblog.com. Regards, makingourway I think the principles of the advice you accepted make sense, but they do require alot of dilligence.

My recommendation:
Take a passive approach to invest with a diversified portfolio of index funds that have minimal correlation – then rebalance every year or quarter.
This gets you out of the investment advice problem right away – most is usually bad.
Little financial research beats the market consistently – results tend to randomize.
Check out William Bernstein’s Four Pillars or Rick Ferri’s Asset Allocation books.
I review a few chapters of the Four Pillars at my blog http://www.makingourwayblog.com.
Regards,
makingourway

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