Profile

Cover photo
Mike Piper (Mike Piper, CPA)
Worked at Simple Subjects, LLC
404 followers|27,519 views
AboutPosts

Stream

Mike Piper

Shared publicly  - 
3
Add a comment...

Mike Piper

Shared publicly  - 
 
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...
1
Add a comment...

Mike Piper

Shared publicly  - 
 
 
When putting together a portfolio, the very first question you have to ask is what type of asset allocation you want to use?
View original post
2
Darrow Kirkpatrick's profile photo
 
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.
Add a comment...

Mike Piper

Shared publicly  - 
 
Matching asset allocations to shifts in the stock market is supposed to provide investors extra protection -- it doesn't
2
Add a comment...
In his circles
60 people
Have him in circles
404 people
Andre Europe's profile photo
Allen Mark's profile photo
Manuel Casarez's profile photo
Van Beek's profile photo
Rabia Riaz's profile photo
Ken Ning's profile photo
Mark Winscon's profile photo
Darrow Kirkpatrick's profile photo
Michelle Conrad's profile photo

Mike Piper

Shared publicly  - 
1
Add a comment...

Mike Piper

Shared publicly  - 
 
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...
1
Add a comment...

Mike Piper

Shared publicly  - 
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...
1
Add a comment...

Mike Piper

Shared publicly  - 
 
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...
2
Add a comment...
People
In his circles
60 people
Have him in circles
404 people
Andre Europe's profile photo
Allen Mark's profile photo
Manuel Casarez's profile photo
Van Beek's profile photo
Rabia Riaz's profile photo
Ken Ning's profile photo
Mark Winscon's profile photo
Darrow Kirkpatrick's profile photo
Michelle Conrad's profile photo
Work
Employment
  • Simple Subjects, LLC
    Owner
Story
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.
Basic Information
Gender
Male