8 Comments
User's avatar
Carter Boczon's avatar

Underutilized employer matches illustrate the need for better financial literacy and better decision-making. Readily available advice, such as Malkiel's index fund approach, puts people in control. What other strategies might fill this gap?

Expand full comment
Jake Porter's avatar

I found this article very interesting and I firmly believe that a strong foundation in financial knowledge and math is a necessity to being successful in the stock market if you are not necessarily investing in a mutual fund. Like another comment mentioned, I think it’s funny how money managers always preach that they can beat the market even though the statistics show that a majority of the time they don’t.

Expand full comment
Robert Puelz's avatar

True, the vast majority do not.

Expand full comment
Clayton Jolly's avatar

I always find it interesting how money managers can make a substantial living by claiming to beat the market although they never do. This article points out that sometimes doing less is more. I really liked the idea of not banning onself from selecting individual stocks, but rather only doing so with a small portion of a portfolio as if it is for fun.

Expand full comment
Robert Puelz's avatar

If you are approached by a financial consultant to become a client, just ask them to show back-test results of their investment ideas.

Expand full comment
Kira Friedman's avatar

I found this article to be interesting. The idea of taking advantage of employer matches, like the example of a 50% match up to 6% of a salary sounds smart. Sticking to low-cost index funds, like total market ETFs, also sounds like a smart way to grow your money since they often beat expensive managed funds over time. I like that this post explains this so well and is an educational read for anyone wanting to invest.

Expand full comment
Tom Kelly's avatar

I could not agree more with the statement about students saying they are not good at math and the idea that it relates to making smart investments. As you said it is very smart to invest in an index fund and in reality that takes almost no mathematical requirement besides deciding the percentage of your money you are putting in there. Once any student hits post grad life that should be one of their top priorities.

Expand full comment
User's avatar
Comment deleted
Nov 28
Comment deleted
Expand full comment
Robert Puelz's avatar

Don’t scratch the day trading itch! Stay away…..Here is the best news about math and the market. You don’t need the math. Just invest in well diversified funds.

Expand full comment