Posts Tagged ‘how not to invest’

Now How Much Would You Pay? Comparing Fund Costs

Now How Much Would You Pay? Comparing Fund Costs

By The Banker | Blog Posts, How Not To Invest, Investing, Texas, Wall Street

A wise man wrote about investing: “performance may come and go, but costs are forever.”[1] Let’s explore a bit how big these cost difference really become for your investment portfolio. As a starting point, do you already have a sense for whether the cost differences between funds you may own are in the hundreds of [&hellip

Five Bad Reasons To Invest The Way You Do

Five Bad Reasons To Invest The Way You Do

By The Banker | Blog Posts, How Not To Invest, Investing, Texas

This past month I taught an adult education course on investing. I began the first session with a discussion of the following question: “What are we really trying to do when we invest?” I’ll conclude this column with what I think we should try to do when we invest, but I can think of at [&hellip

Sin and Profit

Sin and Profit

By The Banker | Blog Posts, Investing, Personal Finance, Wall Street

Jason Zwieg at the WSJ provides interesting data today on the relative returns of ‘socially irresponsible investing’ (my own phrase). I recently wrote that I could not recommend to a friend any ‘socially responsible’ mutual fund. My reasons: 1. Funds like this tend to have relatively high costs (especially compared to index funds, which I [&hellip

Stupid Smart People

Stupid Smart People

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Texas

Note: A version of this post appeared in the San Antonio Express News My wife and I headed East on I-10 recently to visit our New York City friends Jay and Nina – another married couple and their kids – who now live in Houston. The conversation over the weekend turned toward their personal finances [&hellip

Not A Fan Of Socially Responsible Funds

Not A Fan Of Socially Responsible Funds

By The Banker | Blog Posts, Investing, Personal Finance, Texas, Wall Street

A version of this post ran in the San Antonio Express News. I want to be wealthier. I also want to be a good person. A friend – someone who also wants these two things – recently asked if I could recommend a good, reasonable-cost, ‘socially responsible’ mutual fund. My answer: Nope. I can’t. Now, [&hellip