FVIM's Insights

News and information about preserving your life savings

What's Pizza Got to do with Investments

In our daily diets, we’re used to making choices between what’s good for us and what tastes good at the time. We know we should reach for that fresh, crisp apple. But, my, doesn’t that apple pie à la mode look good? Investing is like that too. Even though we know it makes sense to stick with a healthy, well-balanced portfolio, it’s human nature to crave something tastier in the form of that latest hot stock tip or “New & Improved” Initial Public Offering. I was reminded of this truism when Dimensional Fund Advisors’ Vice President Jim Parker published his recent...
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Investment and Life Wisdom from Swedroe and Buffett

Whether you’re an investment novice or a seasoned veteran, it’s easy to forget: Investing is not about the money; it’s about how we employ it to enjoy a finer life. That’s the“why”behind all the financial wherefores, and why I am endorsing a newly published book by seasoned financial author Larry Swedroe: Think, Act, and Invest Like Warren Buffett .  I’ve enjoyed Swedroe’s previously published books, but I especially liked his most recent read because, well, it’s short. And to the point. He leads with what I feel investors today are critically in need of: “ Think, Act and Invest Like Warren...
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When Your "Advisor" Isn't

In December 2010, I shared one of my favorite reads with you, “ The Investment Answer ,” co-authored by Dan Goldie and the late Gordon Murray. Diagnosed with terminal brain cancer, Murray chose to use his final days to craft this simple, but powerful book from his perspective as a “born again” investment banker who’d seen the light on investors’ best interests, and advisor relationships best suited to assist them. There’s advice, and then there’s advice Murray and Goldie described, among other things, the critical difference between a fee-only, investment advisor representative, versus the traditional, Wall Street “advisor.” As a fee-only, Registered...
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5280 Hits

Portfolio Rebalancing: Money, Mind And Moods

Maybe you’ve never won a lottery Powerball, but you’ve probably at least imagined what it might feel like to shout out, “Drinks on the house!” Actually, you don’t have to imagine too hard, because this is the same giddy mindset that investors periodically face when making decisions about their investment portfolios. While it’s pleasant to daydream about euphoric wins in everyday life, it can be dangerous when applied to prudently managing your life’s savings. That’s why it’s important to be aware of how your mind and your moods interact with your money — especially as they relate to portfolio rebalancing. Defining...
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3318 Hits