"Market data doesn't lie. So we've made a crucial decision. We're not going to try and win a few hands - we're going to own the casino" - Matt Hall
I love this quote by Matt Hall in his book, Odds On.
He’s comparing ‘traditional’, speculative investing with a ‘systematic’ or evidence-based approach.
Like a roulette wheel, global equity returns are random.
Winning big may occasionally happen.
But this is down to dumb luck.
Here’s the proof.
I recently overhead a client ask:
“Am I going to be okay?”
Like many of our clients, he was a ‘HENRY.’
High Earning Not Yet ‘Rich’.
OR at least not rich enough to have no money cares in the world.
He worries about having enough to see him through retirement and set his children up for their futures.
I wasn’t surprised to hear this…
In case you missed it.
This week I mentioned 4 key factors that either make an adviser ‘worth it’ or not.
Here’s the next set.
And surprisingly, they are all about YOU.
Another great question from a reader.
Let’s be honest, it’s what we’re all thinking.
It’s one of THE most important questions when it comes to financial advice.
So is hiring an adviser worth it?
My answer might surprise you.
Many of us own property back home.
Some of us have mortgages on our expat homes too.
While most expats rent...
Emotionally, it often feels we should be buying.
Which one leaves us financially better off?
A few days ago, a client emailed my colleague.
He assumed we’re incentivised to sell Dimensional Funds…
Acting as ‘estate agents’ earning fees from both landlords (fund companies) and tenants (investors).
Not surprising, given how ‘traditional’ financial services work…
But what’s so unique about DFA and our own approach is…
We simply believe in the evidence.
With technology taking over most areas of our lives…
Are robo-advisers taking over financial services?
I doubt it.
Most people have heard of value investing.
Warren Buffett became a billionaire following this strategy.
But new research shows the names of many value funds are misleading.
And not all value strategies are created equal.
So before you decide this strategy is right for you…