A diversified portfolio isn’t enough: learn to be a disciplined investor to avoid the behavior gap. Behavioral finance teaches us about investment biases.
We’ve been collecting tiny slices of thousands of companies over the years. Let’s compare frugal ways you can too with low-cost index funds: VTSAX vs VTI, SWSTX, FSKAX.
Why pick stocks or index funds (ETFs and mutual funds)? The destruction of half my net worth in my 20s during the Great Recession offers up some lessons.