|We repeat: Simple Investing will
do. But Advanced Investing will reward you if you have the aptitude,
or you have a decent adviser who can help you.
Nothing alters the basics of investment, as laid out in Simple Investing:
- Personal preferences on the balance of risk
- Asset allocation to turn these personal preferences
into investment choices
- Doing it
We have laid out a set of lessons in a suggested
sequence. But each lesson stands alone. Choose your own order if
you like. Do some lessons and not others if you like.
Much Risk?, and Risk
Premiums take you deeper into the risk conundrum.
Returns explains how you should always strip the effect of inflation
out of your measurement of returns.
Much Return? starts to put some hard numbers on what you might
expect to make from different types of investment.
Diversification starts to explain why some diversification is
good, some is even better and some achieves very little.
Allocation examines whether you can do better than the 'Cash
or Shares' of Simple Investing.
Biases explains the many tricks that the human mind can play
to prevent you achieving what you want from your investing.
or Products? summarises the pros and cons of investing directly
in assets as against using financial products.
How? explains the practical steps of investing in equities.
Advanced sends you on your way
|First step in Advanced