Quote:
Originally Posted by Phanuthier
No, because you have no idea what you are doing.
I have no vested interest and I am not a customer of Slava's, nor have I ever been a customer of his. (I manage my own money, so I can speak the same language as him; I am not a customer because I do not reside in Calgary) But I have met and chatted with him and I think he has good honest intentions to make reasonable money at a reasonable rate. Whats that saying, fat pigs get slaughtered or something like that? I don't think Slava fits that bill...
If you want to learn, follow wealthfront.com blogs... one of the most famous investors in the past century is on their BOD (chairman's professor of economics at Princeton University, dean of the Yale School of Management , 28 years as a director of the Vanguard Group), and I like their premise - while it doesn't follow in line with Slava's viewpoints, I think it follows Slava's line of thinking anyways. |
Thanks for the plug!
Not that this is the place to get into it, but I actually use Vanguard. I don't follow a pure indexing or ETF strategy, but I definitely use these things in my practice and more extensively all the time. I just know that a pure passive approach is leaving money on the table.