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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
Have him in circles
409 people
Robert Ferrucci's profile photo
TIGA MusicPoland's profile photo
Leonardopereira Ppp's profile photo
dharmendra chaplot's profile photo
Andre Europe's profile photo
Matt Jabs's profile photo
KC Beavers's profile photo
Kallin Gigs's profile photo
Paula Wethington'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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