Money matters ?

Diver Vince · 03-19-2017, 12:42 PM

As a no longer practicing CFP (I'm happily retired, currently on the island of Bonaire) and have been involved in financial planning for well over 30 years, do yourself a favor and educate yourself instead of relying on other's advice. You can start with picking up a copy of John Bogle's "Common Sense On Mutual Funds." I have always preferred simplicity in my investment portfolio and it has worked out well. Stay away from things you do not understand.

And rest assured there's not another person on this planet that cares more about your money than you do.

rsmlp · 03-19-2017, 01:25 PM

"Agreed on the market timing aspect of investing and that includes investing in mutual funds that are ACTIVELY managed. Over the long term usually these tend to do no better than passively managed index\growth funds after fees and taxes."

Maxum, statistically, active managed funds under perform index funds. Tons of literature on this.

03-19-2017, 12:42 PM	#1
Diver Vince Senior Member Join Date: May 2012 Location: Bonaire Dutch Caribbean and Gilford NH Posts: 103 Thanks: 31 Thanked 27 Times in 17 Posts	As a no longer practicing CFP (I'm happily retired, currently on the island of Bonaire) and have been involved in financial planning for well over 30 years, do yourself a favor and educate yourself instead of relying on other's advice. You can start with picking up a copy of John Bogle's "Common Sense On Mutual Funds." I have always preferred simplicity in my investment portfolio and it has worked out well. Stay away from things you do not understand. And rest assured there's not another person on this planet that cares more about your money than you do.

03-19-2017, 01:25 PM	#2
rsmlp Senior Member Join Date: May 2005 Posts: 475 Thanks: 5 Thanked 164 Times in 84 Posts	"Agreed on the market timing aspect of investing and that includes investing in mutual funds that are ACTIVELY managed. Over the long term usually these tend to do no better than passively managed index\growth funds after fees and taxes." Maxum, statistically, active managed funds under perform index funds. Tons of literature on this.