While the industry generally agrees the most important investment decision is your choice of asset allocation, Paul makes the case that the choice between being a do it yourself investor vs. hiring a professional advisor is much more impactful over a lifetime.
Paul discusses the many challenges of both decisions and finishes by showing DIY investors what they should do to be sure they address all of the risks investors accept, with or without a professional advisor.
Paul uses ChatGPT as the source to a number of lists. Paul also mentions free books:
If You Can by William Bernstein
We’re Talking Millions — 12 Simple Ways To Supercharge Your Retirement
2-Funds for Life: a quest for simple and effective investing strategies
101 Investment Decisions Guaranteed to Change Your Financial Future
Get Smart or Get Screwed: How To Select The Best and Get The Most From Your Financial Advisor
First Time Investor: Grow and Protect Your Money
And for DYI investors to learn the most important investment decisions please visit: https://paulmerriman.com/bootcamp-for-investors-2023/
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The post The most important investment decision you will ever make first appeared on Paul Merriman.
The post The most important investment decision you will ever make appeared first on Paul Merriman.