Bestwifeever
Moderator Emeritus
- Joined
- Sep 17, 2007
- Messages
- 17,774
In today's paper:
First, an odd piece about reaching our investing-acumen peak at 53 (odd because it's a story reporting on a WSJ story):
Age 53 golden time for investing -- -- chicagotribune.com
From that article:
Then, nice interview with Mr. Bogle (probably nothing new to most people here, but I like his emphasis on simply saving first and then his simple investment strategy):
Long-term view can be best asset -- -- chicagotribune.com
From the article:
First, an odd piece about reaching our investing-acumen peak at 53 (odd because it's a story reporting on a WSJ story):
Age 53 golden time for investing -- -- chicagotribune.com
From that article:
[53 is] the age at which consumers are least likely to make financial mistakes, the Journal said. The economists (all quite a bit younger than 53) called this "the age of reason." The apparent secret: Experience. Learning from mistakes. A healthy skepticism about promises that seem too good to be true.
Then, nice interview with Mr. Bogle (probably nothing new to most people here, but I like his emphasis on simply saving first and then his simple investment strategy):
Long-term view can be best asset -- -- chicagotribune.com
From the article:
"We know that rare indeed is the mutual fund whose shareholders earn as much as the fund earns itself," he said.
A man with decades of investing acumen sees negotiating the financial markets as simple enough for those investors who learn to ignore most of the everyday noise.
"I don't even get a quarterly statement. I told them to stop sending me all that stuff."
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