My Sunday Washington Post Business Section column is out. This morning, we look at the usual run of terrible year end financial advice.
I do not mince words about my annoyance with the usual filler. Here’s an excerpt from the column:
“I offer you none of that: no stock picks, no predictions, no economic analysis.
Note I am not going to tell you to “buy this, sell that.” I can’t for the simple reason I have no idea who you are, what your financial goals are, what taxes you owe, what you earn, how much you have saved and how old you are. Without knowing those factors (and other relevant information), how can anyone tell you what is right for you?
Instead, I am going to share 10 ideas with you. Follow them, and you will be a better all-around investor. Bonus: Everything on this list is broadly applicable to other endeavors.”
The column discusses ten concepts, ideas and actions that if you were to follow faithfully would make you a better investor. While we are at it, they probably will make you a smarter more productive person in general.
Bah humbug to ridiculous year-end financial advice
Washington Post, December 27, 2015