The Benefits of a Simple Investment Approach with Rick Ferri
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- čas přidán 29. 06. 2024
- In this episode of Excess Returns, we sit down with Rick Ferri to discuss a wide range of investing topics. We explore the concept of investing with simplicity, the importance of asset allocation, and the role of passive investing in today's market. Rick shares his insights on the stages investors go through to reach the point where simplicity is best, and how advisors can help clients gain buy-in for successful long-term investing. We also discuss Rick's thoughts on factor investing, ESG, and the key components of a successful retirement plan. Throughout the conversation, Rick emphasizes the importance of discipline, sticking to a strategy, and focusing on what you can control as an investor.
Our previous interview with Rick about how he constructs his personal portfolio
• Show Us Your Portfolio...
00:00 Introduction
02:30 Why investors tend to complicate their portfolios
04:55 The four stages of investing education
09:36 How the industry contributes to complexity in portfolios
13:15 Reacting to inflationary market regimes as an investor
17:04 The 60/40 portfolio and its effectiveness
22:11 The role of passive investing and its impact on the market
27:38 International diversification in portfolios
31:08 Factor investing and how average investors should approach it
39:18 ESG investing and its limitations
43:50 The importance of investors having input in their strategy
47:37 Key factors for a successful retirement
53:30 Concerns about the federal deficit and reasons for optimism
56:51 Closing thoughts
LEARN MORE ABOUT RICK
www.rickferri.com
SEE LATEST EPISODES
www.excessreturnspod.com
FIND OUT MORE ABOUT VALIDEA
www.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
www.valideacapital.com
FOLLOW JACK
Twitter: / practicalquant
LinkedIn: / jack-forehand-8015094
FOLLOW JUSTIN
Twitter: / jjcarbonneau
LinkedIn: / jcarbonneau
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
They tried to drag him into saying something silly, but he was simply thorough and sensible. I would trust him and use him.
Thank you for watching this episode. If you enjoyed it, you might also enjoy our previous interview with Rick where he explained how he manages his personal portfolio. You can find it here. czcams.com/video/bjGaIw8n7Do/video.html
Man this guy is really simple.
Solid interview. Thanks.
Thank you!
Common sense is more rare than you think.
It's time to replace legacy thinking with forward thinking and the ability to think outside the box. To do so, one must first understand for themselves that fiat systems are failures that always lead to corruption, manipulation, and deceit. Embrace a future where value is transparent, decentralized, and beyond the reach of those who seek to exploit it. Let's move beyond the broken models of the past and build a more equitable and resilient financial system.
Thank you for this great interview. Very important to review regularly these concepts (Simplicity, Diversification, Low Cost and Rebalancing) in order to reinforce ourself against the huge noise generated by the “fees industry”.
Thank you for listening!
You're very welcome! It's indeed crucial to regularly review and reinforce foundational investment concepts like Simplicity, Diversification, Low Cost, and Rebalancing. These principles help navigate through the noise and complexities of the financial industry, ensuring a solid and resilient investment strategy over the long term.
Liked it (thumbs up!) even though he took a jab at my Schwab Intelligent Portfolio. For my Roth IRA nothing about Schwab Intelligent Portfolio is complex - sure they hold 20 ETFs, but no taxable events in a Roth, they rebalance it for me, and even have a payout feature. And it's cheap too (15bps all in.) I kid you not, my main reason for buying this was for its overall "simplicity." No question, simpler than having to manually rebalance a "3 Fund Portfolio" then someday manually having to set up a retirement payment schedule. Anyway, I consider myself a Boglehead, but for whatever reason, they're a little slow to warm up to Roboadvisors, or most other new technologies. I hope they don't get stuck in time and gradually fade away into irrelevance with newer generations!
I enjoy Rick, and the Boglehead's You Tube content, TREMENDOUSLY..the only minor "gripe" that I have about it, is that it seems rather clumsily configured. Sort of "ad-hoc". But, then again..maybe I just need to become smarter than the channel! But, the content is PURE GOLD.
We love having Rick on. Thank you for listening!
It's great to hear that you find Rick and the Boglehead's CZcams content to be pure gold in terms of financial advice! Ad-hoc configurations can sometimes give a channel a more casual or unscripted feel, which may have its own charm but can also make it feel less structured.
Validia runs investment models based on the super-investors. Have you considered taking the top recommendation from each model in a blend model, keeping track of which model the recommendation came from removing it when the rules of the model it came from would remove the pick, replacing it from the top pick from the model to see if the blend does better than the individual models ?
Very good video. TY.
Thank you for listening!
Is he not wrong at 19:53....? I thought products like SPY are market cap-weighted. ?
VHAI is Mark Cuban looking to buy this an transform it 🚀🚀🚀🚀🚀🚀
Rick, NVIDIA - pronounced ‘Envidia’ not ‘navidia
The best investment advice is the advice one would give to their own children. This is the acid test.
The advice that I would give to my children is "Do what Rick Ferri does, all else is BS"
Your guest sounds great, but you sound like you're 2X'd.
You need a 50 ETF portfolio if you run a very leveraged portfolio. The more leveraged you get, the more diversified you need to be, especially under a Portfolio Margin account and/or SPAN margin account.
I agree
But Can you imagine an individual investor trying to do all that though? That would be almost a full-time job.😅
Every year someone comes along, writes a book, telling people to buy index funds, and it sells like hot cakes. Really? What am I missing. This was a total waste of time and replicates, exactly, Jack Bogle's advice and that of hundreds of other "me too" experts.
"Indexing is not setting prices"...what a clown...how many names can you think of when they are either added or dropped from an index there is forced selling or buying that moves the price? More money in indexes, more forced sales or buys.