February 27, 2010 1 Comment
Great post about uncertainty and why reducing uncertainty won't create certainty.
Great article… He forgets to point out the increased odds of succeeding at all when the option incentives are more proportional.
Life is great, and it only gets better.
February 11, 2007 1 Comment
After reading 100’s of articles and discussing with various brokers and investment bankers, I’m convinced that the perfect mix for an investment portfolio will be a never ending debate. After this many years of stocks, bonds, real estate, etc., one would think a universal equation would have been derived that would take into account one’s asset amount, age, risk tolerance and investment timeframe. In the absence of such an equation, I’ve decided to publish yet another proposed “magic formula” to simplify the thought process of diversified investing. While none of the individual rules are original, they do represent a mix of various opinions and suggestions on the topic.
Rule 1: Percentage invested in stocks: 100 minus current age.
Rule 2: Percentage invested in fixed income: everything else not invested in stocks.
Rule 3: Use future investments to keep the first two rules in check and avoid transferring money to and from investments as much as possible.
Rule 4: Point at which readjustment should be made: when the first two rules are off by 5% or greater.
Some FAQs for the equation:
November 14, 2006 4 Comments
If you ever watched a NASCAR race, one question quickly comes to mind: Was this sport created by car enthusiasts or by brilliant marketers? This is the only sport (and I use the term loosely) where the souvenirs and even the sport itself represent the sponsors more than the people involved in the sport.
To my knowledge, this the only sport where people would actually purchase an orange $500 leather jacket covered with Home Depot logos, while the term “NASCAR” is hidden on the inside tag. The sponsors of this sport have an ulterior motive in selling this paraphernalia than say the average Fortune 500 company buying a sign out in center field. The NASCAR sponsors are literally “allowing” people to pay to become walking billboards. In fact, it’s no wonder the drivers are awarded points for being in first place the most laps. Guess which car, I mean logo, is shown on TV the most?!
Why haven’t companies pushed other professional sports onto this strategy and to this extent? While the target audience might seem restricted to some, it’s actually quite diverse. I can’t speak for all readers out there, but I can’t wait to start wearing my Southwest Airlines blazer to the next family dinner.