The Crash of 1929 should no longer haunt us.
On the 90th anniversary of the Crash of ’29, we lay to rest many of the arguments used to sell crash proof investment products. Don shares the unique situations that led up to that crash and why, because of the market structure changes, it is unlikely that a crash of the same magnitude would happen again. They also talk about donor-advised funds, before delving deeper into the Ken Fisher story. This saga has lifted the veil on the inner workings of Fisher Investments and Don and Tom pick apart some of the false claims the company makes. Finally, they discuss 403(b) plans and how to deal with minimal distributions from 401(k)s.
The relevance of the 1929 crash 90 years later and the lessons to be learned from it.
Diversification dramatically reduces volatility, making large losses less likely.
The best charitable way to use an extra $1000 that is not needed for living expenses.
The Ken Fisher scandal has exposed many of the false claims Fisher Investment makes.
It is not possible to combine retirement accounts that belong to different spouses.
403(b)s often have poor and expensive investment options.
How to keep required minimal distributions low enough to not change tax brackets.
Financial Fysics on Amazon — https://www.amazon.com/Financial-Fysics-Money-Investing-Really/dp/1453898557
Upcoming Events —https://www.talkingrealmoney.com/new-events
Vestory — https://vestory.com/
Ken Fisher on Twitter — https://twitter.com/kennethlfisher
Ken Fisher Scandal in the New York Times — https://www.nytimes.com/2019/10/23/business/kenneth-fisher-investments-sexism.html
Fisher Investments — https://www.fisherinvestments.com/en-us
Fisher Investments on Twitter — https://twitter.com/fisherinvest