I have to admit that I hate insurance. The insurance industry is designed to profit from the fear that something will happen to something that you perceive is important to you, uses complex risk assessments on the likelihood of that something occurring and then adding a nice bit of juice on the top to cushion the blow […]
Archives for March 2013
Kindle Library Books
I am kicking myself over this one. I joined the New York Public Library over a year ago when I heard a rumor that Libraries would start carrying Kindle Library Books which would be available for download for their members. Then thought nothing of it as things hadn’t really materialized.However, recently Mrs Saverocity started downloading and reading […]
What can we learn from the Cyprus Bailout? A lesson in diversification
I’m currently far from the madding crowd vacationing in the Indian Ocean, however the luxury resort that I am staying in (with a price tag of $2500 per night – thanks Hilton for the free stay on points!) comes with WiFi so I get to see a little of what is going on in the […]
Portfolio Rebalancing for Passive Investors
Portfolio Rebalancing is a key concept to the Passive Investment Strategy, ironically it is the time when you actually actively trade your portfolio which may seem counter intuitive at first when advocating a Passive approach, however it makes a lot of sense once we understand the concept. Portfolio Rebalancing is the process you go through […]
Asset Allocation for Passive Investors
Passive Investing is a strategy that focuses on holding a broad mix of securities within Low Cost Funds and ETFs, the primary concept behind such a strategy is two fold:Firstly, that you cannot beat the market by guessing which firms will be winners and which will be losers, so you buy the entire market. Once […]