Journal to portfolio afterlife

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

Dopo la volatilità dei giorni scorsi, il portafoglio è diventato noioso.

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

The common cultural fear is to “run out of money in retirement”, but the evidence suggests that the opposite (i.e. growing your wealth in retirement) is far more likely.

For example, Michael Kitces did an analysis where he discovered that retirees following the 4% rule in a 60/40 portfolio were more likely to 4x their wealth than deplete any of their principal after 30 years. In other words, if you started retirement with $1 million in a 60/40 portfolio and withdrew 4% a year, your chance of ending up with $4 million was higher than your chance of ending up with under $1 million after 30 years. This result seems absurd, but only because we have been bombarded with the opposite message (i.e. you will run out of money in retirement) for so long.

When the Optimists are Too Pessimistic

On upside surprises and why they happen more often than we realize.

ofdollarsanddata.com

 

[portfolioafterlife]

What does it mean to be rich? According to most standard books on consumer capitalism, it’s all about amassing possessions and assets, while investing to increase personal wealth purely as an end in itself.

Rather, it is a plea to readers to realise that having enough money is only one leg of a four-legged table for fulfilment that also encompasses maintaining strong relationships, maximising physical and mental health and living with a sense of purpose.

Money, health, happiness and purpose are inter-related and we need to stop seeing them as separate entities.

The light-bulb moment for many people is realising that the fact there are limits on our choices is not a constraining factor, but a liberating one. It is knowing that our time and resources are limited that allows us to focus on what is important.

Money and life: a question of balance | TEBI

Few people on their death beds express regret about not driving a better car. A new book by Andrew Hallam redefines what wealth is all about.

www.evidenceinvestor.com

 

[portfolioafterlife]

Da questo punto di vista sono più simile ad un investitore istituzionale.

Among their key findings was that individual investors tend to mostly extrapolate past performance in their asset allocation (they are subject to recency bias), while institutional investors are mostly contrarian in their investment decisions (rebalancing leads to selling during bull markets and buying during bear markets)—and the differences in the reactions were highly statistically significant and very large. These findings held around the globe.

Men are more likely to panic than women | TEBI

Men are more likely to panic than women, a new study shows. Those who consider themselves experienced investors are also more prone to freaking out.

www.evidenceinvestor.com