Research

Essential background reading and research before you decide to DIY invest.

01

Smarter Investing - Tim Hale

I have based my own portfolion on the one published by Tim Hale on the Monevator Web site.

02

Investing Demystified - Lars Kroijer

We look at the wealth of financial advisors and fund managers and wonder Where are all their customer's Yachts? They make all their money out of their customer's.  This book helps you keep more of it.

03

Common Sense on Mutual Funds - John C. Bogle

John Bogle invented index funnds and was CEO and formed the Company Vanguard. 

04

Take you Own Risk Assessment

Your tolerance to risk will indicate the design of your portfolio, for example the percentage of equities to Bonds and its diversification across Global developed and emerging economies. Look at an example here.

05

How to win the Loser's Game

Once you realise that Investment is a zero sum game you can decide which group you want to belong, the winners or the losers.

06

Look at the evidence

 The evidenced based case for Passive Index fund investing

The Active Vs Passive Fund Management is not war and piece as there are no right and wrong answers.



Perhaps we should just focus on the probability that passive investors get better value for money than active investors in the long term. Both need to look at the performance of their investments over time and make adjustments and if you are happy with less effort cost and ret accept market returns then passive is a good answer.



If you want higher fees, more sleepless nights and possible higher return then active fund management might be for you, but don't forget that 95% of active funds do not beat passive Fund managers and very few have been around for the term of an investment life cycle. If you invest in a Mutually owned Company like Vanguard the investors are the shareholder and Jack Bogle does not have the wealth of some active fund manager CEO's



You have to do what is right for you, not the Fund Manager.