Month: November 2015

no excuses

You’ve worked hard to build up your savings account.  There’s no reason why you can’t put that capital to work for you.  The stock market is an incredibly powerful and convenient tool that allows you to do just that. But how do you actually go about using this tool to grow your savings? The Standard Advice Hire a professional to do it for you.  Unfortunately, when you account for fees and commissions, most money managers fail to beat the returns of a passive index fund. Buy and hold a low cost index fund or ETF.  The downside here is that you would be vulnerable in the event of a […]

focus on the process

Some things are within our control.  This category is the internal realm which includes our actions, perceptions and attitudes. Then there is everything else; things we only have limited influence over at best.  This is the world external to us which includes the actions of others and nature for example. Stoic philosophy contends that confusing these categories is the primary source of our unhappiness.  How many people fret over things which they cannot control, resulting in unnecessary stress and frustration?  There is no reason to allow external events to hold our happiness hostage.  We hold the power to avoid this self-imposed trap by simply changing our attitude and focus. Again, obsessing or stressing about things outside of our control […]