Vectors June 2021

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arcticpineapplecorp.
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Joined: Tue Mar 06, 2012 8:22 pm

Vectors June 2021

Post by arcticpineapplecorp. »

Another good read from George Sistri. Vectors June 2021:

https://oncoursefp.com/images/Vectors%2 ... 0final.pdf

lots of gems in this one:

Have A Plan
Shun complexity and embrace simplicity
Be content with market equaling returns
Most stocks underperform the market
Understand the function of bonds in your portfolio
Investor behavior, not investment performance, determines long-termresults
Don't chase past performance
Slow and steady wins the race
Shun market timing like Superman shunned kryptonite
Ignore all stock market predictions.
Ignore the daily noise on Wall Street.
Ignore your neighbors.
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events. Asking Portfolio Questions | Wiki
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Taylor Larimore
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"Number 200" by George Sisti

Post by Taylor Larimore »

[Merged into existing thread -- moderator oldcomputerguy]

Bogleheads:

One of my favorite newsletter writers is financial advisor George Sisti, a former airline pilot who publishes "Victors". Mr. Sisti has written 200 monthly newsletters with strategies and insights similar to The Bogleheads Investment Philosophy.

In his latest newsletter, Mr. Sisti lists 13 characteristics of a good investor:
"Have a plan.
Shun complexity and embrace simplicity.
Diversification in and among asset classes is the cornerstone of good portfolio design.
Be content with market equaling returns.
Most stocks underperform the market.
Understand the function of bonds in your portfolio.
Investor behavior, not investment performance, determines long-term results.
Don't chase past performance.
Slow and steady wins the race.
Shun market timing like Superman shunned kryptonite.
Ignore all stock market predictions.
Ignore the daily noise on Wall Street.
Ignore your neighbors.

Once you embrace these simple truths you can ignore Wall Street, delete the stock market app
from your cellphone and get on with your life."
Vectors

Thank you, George Sisti.
Jack Bogle's Words of Wisdom: “Learn every day, but especially from the experience of others. It’s cheaper.”
"Simplicity is the master key to financial success." -- Jack Bogle
Stubbie
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Re: Vectors June 2021

Post by Stubbie »

Taylor:
Agree 100%. Required reading for me every month. George is an excellent writer. Very entertaining while making great points. Have often found myself chuckling at his witticisms. Investment message is always consistent.
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sleepysurf
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Location: Florida

Re: Vectors June 2021

Post by sleepysurf »

Bumping this thread with a link to his current July 2022 newsletter, which is timely and superb (as usual)... https://oncoursefp.com//images/Vectors% ... 0final.pdf
Retired 2018 | currently ~64/33/3 (partially sliced and diced, with a slowly rising equity glide path)
rockstar
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Joined: Mon Feb 03, 2020 5:51 pm

Re: Vectors June 2021

Post by rockstar »

My neighbors finances are all blowing up now. You can see it because they went nuts with stimulus. Definitely not following them.
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Random Musings
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Location: Pennsylvania

Re: "Number 200" by George Sisti

Post by Random Musings »

One of my favorite newsletter writers is financial advisor George Sisti, a former airline pilot who publishes "Victors".

Vectors




Just made me think of this classic movie line.....

Roger, Roger. What's our vector, Victor?

RM
I figure the odds be fifty-fifty I just might have something to say. FZ
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