What New Index Fund Investors Fail To Carefully Read

Sometimes, I get the following message from new investors: “I’ve been following your index fund approach. I’ve done well over the past five years, so it’s great to see that the strategy works.”

Many of these new investors would say the opposite if the markets turned downward. That’s why such messages of success often make me cringe. New investors rarely understand the bigger picture.

They might read part of my books, Millionaire Teacher or Millionaire Expat. They might read the “what to buy” sections.

But they fail to read every word. In summary, Ian McGugan describes what they also should have read …but didn’t.

Image by Pixabay

When index investing shines (and when it doesn’t)

 

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 and Millionaire Expat: How To Build Wealth Living Overseas. 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.

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