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Mike Piper (Mike Piper, CPA)
Worked at Simple Subjects, LLC
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Last week, My Own Advisor wrote an interesting post about whether investors should buy companies they’re familiar with. He was responding to a recent article by Larry Swedroe, which argued that “Buy what you know” is a bad strategy. Swedroe himself even joined the spirited debate in the comments section. As I read the post and the comments, it struck me that the two sides were arguing two very different points. In the interest of being a peacemak...
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When putting together a portfolio, the very first question you have to ask is what type of asset allocation you want to use?
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Very good. There truly is no academic method for determining risk tolerance. Like rock climbing or hang gliding -- you could try to prepare by reading books, but you won't really understand how you feel until you experience it. Same with investing in down markets.
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Matching asset allocations to shifts in the stock market is supposed to provide investors extra protection -- it doesn't
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A reader writes in asking, “I was laid off 20 months ago at age 61 and have been unable to find another job. I think at this point it’s time to start calling myself retired. I had planned to work until 65 at least, so my savings aren’t what I’d hoped they’d be. My question is about asset allocation. I don’t care about getting rich. I don’t feel the need to go on cruises or travel the world. I just don’t want to run out of money. I just want to kn...
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Whenever you invest, you are taking on a certain amount of risk. There is always the chance that you could lose money. There is no way to completely get rid of investment risk. However, there are thin...
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A reader writes in: “Overall, I’m happy with my 50% stock, 50% fixed income allocation. I don’t fool with the equity side much at all (a Total Stock fund and an international fund at Vanguard). But I am having a devil of a time settling on my fixed income allocation. I carry 10% cash (in a 403b fixed account earning 3%). I like that one. So what to do with the remainder? I’m currently at 20% Vanguard Total Bond Market and 20% Vanguard Inflation-P...
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People
In his circles
60 people
Have him in circles
411 people
gayle barr's profile photo
Siddartha D's profile photo
VARUN SINGH's profile photo
Sandy Bruce's profile photo
K Manson's profile photo
hina noor's profile photo
Sean Bryant's profile photo
Michael Kobylarz's profile photo
Leonardopereira Ppp's profile photo
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  • Simple Subjects, LLC
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Introduction
I blog about investing, tax planning, and retirement planning at Oblivious Investor.

I'm also a Missouri Licensed CPA and the author of several short personal finance books.

Favorite hobby: rock climbing.
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