My Sunday Washington Post Business Section column from yesterday — Keep it simple, avoid the pitfalls — described 10 ways to keep your investing simple.
Here are my 10 (plus 2 corollaries)
Simplify Your Investing
1 Go passive.
2 Diversify across asset classes.
3 Be mindful of valuation.
4 Dollar cost averaging.
5 Keep costs and expenses low.
6 Rebalance your portfolio.
7 Avoid the noise.
8 Review your portfolio regularly.
9 Steer clear of venture capital and private equity
…9b Most IPOs are a sucker play.
10 Avoid new financial products at all costs.
…10b Don’t buy “house product,” either.
You can see the explanation for each of these here.
Keep it simple, avoid the pitfalls
Washington Post, January 25 2013
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