Great video. It makes sense... or makes cents. Great thing about owning the market with an index fund or index ETF... low drag, more compounding impact. Set it and forget it. I need to fix the mess I made of my portfolio, but I did have fun with it, thinking I knew something or thinking I had an edge. I still made some solid moves though, but I do need to fire some fund managers.
Making sense is greater than just making cents. Ben Franklin is the father of phrase a penny saved Ken is the mind FI and all the great minds than exist there at FI.
Yet another greatly helpful video. I highly appreciate Mr. Fisher doing these for us. I wish I could understand, though, what he means by "pre-priced." He's said it often in other videos about certain things "already priced" into a company's stock price.
Means something like, you estimate the company will earn X in the next decade, but there is a 30% risk that it may earn X/2, and even a 5% risk that it may go bankrupt; based on all that information and the target return you want to achieve, what are you willing to pay for that company.
What he means is that if, for example, you think that a certain stock is a great value at this time because you believe some event that is going happen in the future will make it more valuable and will push the price up, it is likely millions of other people who also believe that event will happen have already looked at the stock and already bought it before you and drove the price up, so that the increase in value that will happen in the future is already factored in to the stock's current price.
We all know that old adage that both the Bulls and Bears can make money, but we don’t like to recognize that most of us are piggies. Piggies get slaughtered. Don’t be a piggy. Don’t think you know more than you do. I’m still unfortunately, am realizing the limits of ME!
He is saying look at your historical investing returns, sectors, products. Recognize the areas you are weak (underperformed) and others you may have consistently after averaging many years (outperformed) Focus, manage your risk, age, and Do Not try to be a Hero (lottery winner) type of investor. Incrementally invest, check to confirm your investment products balance, and performance is consistently obtainable and Realistic.
Dear Ken, my name is Jason from Korea. There were 4 스승 in my life. If you are getting old and our past is servered, you are the only person who can tell me of your father - Phillip Fhiser and legacy that we pursue. My life goal is only the time I can hear about your family and Mr. Fhisher because I am the next
This is why I just buy the total world index fund or ETF and not concern myself with the CNBC crew. Ken Fisher has amazing insights.
What is it's cagr
Thank you sir. I'll never be tired of your wisdom.
If you Ken say most of the time don't know more than other people knows. What a simple man like me can know? Thank you so much for such a wise words!
I love Ken Fisher's advice
Love it.. humbleness through intelligence.
Thank you so much for explaining so clearly ! Much appreciated
Great video. It makes sense... or makes cents. Great thing about owning the market with an index fund or index ETF... low drag, more compounding impact. Set it and forget it. I need to fix the mess I made of my portfolio, but I did have fun with it, thinking I knew something or thinking I had an edge. I still made some solid moves though, but I do need to fire some fund managers.
Good answer. It’s a good time to fix the mess in our Portfolios.
Making sense is greater than just making cents. Ben Franklin is the father of phrase a penny saved Ken is the mind FI and all the great minds than exist there at FI.
Thanks much for the insights. I miss your Forbes columns....
Great video. Thank you so much
Great vid ! More than $1000000... Value insight.
Yet another greatly helpful video. I highly appreciate Mr. Fisher doing these for us. I wish I could understand, though, what he means by "pre-priced." He's said it often in other videos about certain things "already priced" into a company's stock price.
Means something like, you estimate the company will earn X in the next decade, but there is a 30% risk that it may earn X/2, and even a 5% risk that it may go bankrupt; based on all that information and the target return you want to achieve, what are you willing to pay for that company.
What he means is that if, for example, you think that a certain stock is a great value at this time because you believe some event that is going happen in the future will make it more valuable and will push the price up, it is likely millions of other people who also believe that event will happen have already looked at the stock and already bought it before you and drove the price up, so that the increase in value that will happen in the future is already factored in to the stock's current price.
Take THAT day traders!!
Legend..
Great advice!
Do I know something that everyone else doesn't? Isn't that one of the only three questions that count?
Makes sense to me, but doesn't this contradict his argument for buying individual stocks?
We all know that old adage that both the Bulls and Bears can make money, but we don’t like to recognize that most of us are piggies.
Piggies get slaughtered.
Don’t be a piggy. Don’t think you know more than you do.
I’m still unfortunately, am realizing the limits of ME!
I think the saying is more like, "Pigs get fat. Hogs get slaughtered."
He is saying look at your historical investing returns, sectors, products. Recognize the areas you are weak (underperformed) and others you may have consistently after averaging many years (outperformed) Focus, manage your risk, age, and Do Not try to be a Hero (lottery winner) type of investor. Incrementally invest, check to confirm your investment products balance, and performance is consistently obtainable and Realistic.
Hi Fisher. Good video. Do more tweets abot market. All of us follow you in tweet
A wise man once said he who knows to much does little.
TU FI keeping it simple to know makes me sleep at night.
But one that listens well is on solid ground.
Dear Ken, my name is Jason from Korea. There were 4 스승 in my life. If you are getting old and our past is servered, you are the only person who can tell me of your father - Phillip Fhiser and legacy that we pursue. My life goal is only the time I can hear about your family and Mr. Fhisher because I am the next