Correcting One Huge Mistake That Many Investors Make

lamb-skewer

A beaming young girl handed me a couple of lamb skewers.

Her father had cooked them over an open fire beside the river after her mother had marinated them. Another family skinned a small goat nearby. A voice from behind asked, “You want to take photo?”

Children sat giggling and eating on a tarp beside a fire. I took out my iPhone to snap a couple of pictures. That’s when I heard an urgent voice. “My friend, my friend, not the women!” I checked the picture I had taken. My image had also captured one of the women with her back turned to me.

Sharp words can be teachers of cultural taboos.

Image by Pixabay

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I’m happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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1 Response

  1. Jason says:

    “I recommended a U.S. stock index, an international stock index and a U.S. bond market index. Rebalance once a year to maintain a constant allocation.” It’s so easy to understand! Yet, many people so easily fall off the couch potato bandwagon. The key for me is to pay no attention to market forecasts, cable TV financial shows, or my crazy uncle’s “money advise.”

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