Podcasts are an easy way get information and there a few about investing also. All podcast are not good, but there are some that are very good. So podacasts are one of my ways keep up with market information and to learn new things about investing and money management.
Investing podcasts that i listen:
Doug Fabian’s Wealth Strategies
Sound Investing
APM: Marketplace
2 kommenttia:
For someone doing passive investing (like you claim to be) you should have greatly more diversified portfolio. There are plenty of different companies in your ETFs but your sector selection seems to be very narrow - mostly just energy, energy, energy.
Because of your engineering background you probably know a great deal more about the (green) energy field than any Matti Meikäläinen (or Average Joe) does, but there seems to be very few people out there that can do successful stock/sector selection for an extended period of time.
You listen to investing podcasts and have Sound Investing among them. They advocate global diversification in their suggested ETF portfolio, with a balance between large and small, growth and value. The underlaying principle in their model portfolios is that nobody can predict where the markets are going and which sector is the next Big Thing. This is a good principle to keep in mind - the sooner one accepts it as a fact the better. Roughly similar kind of asset allocation principles are presented in William Bernstein's excellent book, The Intelligent Asset Allocator.
One simply can not be passive with the portfolio you currently have. It will not make you money under all circumstances (oh yeah, nothing ever will) so you would be trading in and out of your ETFs when the going gets tough. That is definitely not passive.
My comments only apply if your blog is about a specific portion of your total portfolio. Guessing where the markets are going and what's hot can be a rewarding hobby as long as the majority of your nest egg is not put at risk.
Good luck!
You are absolutely right that i have too much in green energy. But i will do monthly investments and diversify more.(last time i increased brazil) In couple of days i will tell were i have my sights for next quater.(my portfolio started only 2.5 months ago)
Passive investing to me means that you don't scrample portfolio every month, but when time comes you sell.
So i base most of my investing to B&H strategy, but if you look in dictionary i might not qualify as "true passive" investor. Maybe then i am more like Doug Fabian than sound investing style investor.
Thank you for comments!
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