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cover of episode How To Invest Money - 10 Rules of Thumb for Individual Investors

How To Invest Money - 10 Rules of Thumb for Individual Investors

2023/11/1
logo of podcast Money For the Rest of Us

Money For the Rest of Us
AI Chapters Transcript
Chapters
This chapter discusses why individual investors shouldn't use institutional strategies due to differing risk profiles and time horizons. Institutions can recover from losses more easily, while individuals face potentially devastating consequences.
  • Individual investors have shorter time horizons than institutions.
  • Risk for individuals is primarily the probability of losing money, unlike institutions which focus on volatility.
  • Definitions of risk drive investment decisions.

Shownotes Transcript

We discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement.

  • Don't use institutional hand-me-downs
  • Stay close to home base
  • Beware of dragon risk
  • Mind your investment seasons
  • Catch the popping corn
  • Watch for market swarms
  • Track the economic winds
  • Follow the traffic lights
  • Diversify your baskets
  • Don't burn your ships

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Show Notes

How to Invest Money E-book)

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