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Showing posts with the label couch potato portffolio

The normality of being financially "licked" without knowing

Photo by Michael Longmire on Unsplash This post is a convergence of my thoughts after re-reading a few books I always recommended for novice investors: The little book of common sense investing by John Bogle Where are the customer's yachts by Fred Schwed Thieves of Bay Street by Bruce Livesey (for Canadian investors) The Four pillars of investing by Michael Bernstein and also the continuous reading of web sites posting ideas and analysis for the investing community: Seeking Alpha Morningstar Bogleheads Investing  I am writing because I have friends who don't have the time/inclination and maybe curiosity to look a little bit deeper than the Yahoo financial articles and Motley Fool articles about investing (where people are goaded to consider different companies just because arguments are presented with catchy pseudo-reasons). They are at an age where planning for retirement should be a priority but, for some reason, the basic education of how to do ...