Most People are Really Bad Investors

Feb 13

On today’s podcast, Tom and Don discuss the reasons that most Americans are bad investors. They answer questions from listeners about the Invesco Oppenheimer Main Street Fund, private equity versus publicly traded funds, microcaps, RMDs (required minimum distributions, and why building your portfolio should be based on your personal retirement plan. You need a retirement plan in place before you start investing so that you know what you are working towards.

Invesco Oppenheimer Main Street Fund.
Don and Tom share their opinions on why most Americans are bad at investing.
Private equity and why the data shows it doesn’t work.
Microcaps: The better benchmark, which are publicly traded.
RMDs: How to appropriately navigate the new rules.
Don and Tom discuss Vanguard’s decision to go into private equity.
Building your portfolio based on the rate of return you need to finance your retirement.
Average monthly Social Security benefits are not enough to cover your monthly rent.
Understanding the importance of a well rounded, all-encompassing retirement plan. \