Notes: This video must be viewed at youtube.com. Follow along with the time stamps on this page.
Entire video from the beginning:
Time Stamp: 12:48
Notes: Sometimes wisdom never comes. sometimes wisdom comes late. Even if it comes late, it's a good idea to honor it. (In regards to discovering low cost index fund and reinvestment/compounding approach)
Notes: Sometimes wisdom never comes. sometimes wisdom comes late. Even if it comes late, it's a good idea to honor it. (In regards to discovering low cost index fund and reinvestment/compounding approach)
Time Stamp: 29:20
Notes: Equal weighted index is foolish
Notes: Equal weighted index is foolish
Time Stamp: 42:00-43:00
Notes: 20k DOW Prediction and later the source of market returns! How Jack does his calculation of predicting the future. Basically, if the market has been relatively calm or negative for a while, a correction to the mean is due and a bull market should come back. If there is a bull market and prices have gone overboard, a correction to the mean means the market should not have crazy returns in order to come back to reality of where profits are, etc. He calculated expected returns based on dividend yields and price to earnings of the market.
Notes: 20k DOW Prediction and later the source of market returns! How Jack does his calculation of predicting the future. Basically, if the market has been relatively calm or negative for a while, a correction to the mean is due and a bull market should come back. If there is a bull market and prices have gone overboard, a correction to the mean means the market should not have crazy returns in order to come back to reality of where profits are, etc. He calculated expected returns based on dividend yields and price to earnings of the market.
Time Stamp: 53:40
Notes: (In your portfolio) It all comes down to: are you an investor or speculator? If you keep changing things (buying and selling stocks) you are speculating. Because you can't know. 54:00 If you put commodities in there, the ultimate speculation, it has nothing going for it, no internal rate of return, no dividend yield, no earnings growth, no interest coupon, nothing, except the vein hope that you can sell it to somebody else for more than what you paid for it.
Notes: (In your portfolio) It all comes down to: are you an investor or speculator? If you keep changing things (buying and selling stocks) you are speculating. Because you can't know. 54:00 If you put commodities in there, the ultimate speculation, it has nothing going for it, no internal rate of return, no dividend yield, no earnings growth, no interest coupon, nothing, except the vein hope that you can sell it to somebody else for more than what you paid for it.
Time Stamp: 54:45
Notes: You want to get out of the idea that you always have to do something. If the fed does something, or there is news of something, and your broker calls up to do something, just tell them that your rule is "DON'T DO SOMETHING, JUST STAND THERE".
Notes: You want to get out of the idea that you always have to do something. If the fed does something, or there is news of something, and your broker calls up to do something, just tell them that your rule is "DON'T DO SOMETHING, JUST STAND THERE".