Can You Beat the Market on a Consistent Basis?

Should the goal of investing be to beat the market or to meet your personal financial goals? Spencer Jakab, editor of The Wall Street Journal’s column Heard on the Street and author of Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor, describes what happens when investors let media pundits (experts) and trends sway their financial habits. Frequently, individuals actively managing their own investments have lower returns than a completely passive strategy. Why is this? How can you tilt the odds of success in the market in your favor? Does following professional advice help? How about following media trends? Doug and Spencer talk about how to develop a mechanical investing strategy, and what steps you should take if you really want to beat the market. Take these steps if you want to retire early Doug shares a list of five tips he has for investors with their hearts set on retiring early. He shares the obvious things to do and maybe a couple of things you haven’t thought about… like running Monte Carlo Simulations. If you would like a copy of these tips about retiring early, download “What You Need to Know to Retire Early” here. Free Download: What You Need to Know About Retiring Early To learn more about Spencer Jakab, visit his website or follow him on Twitter at @SpencerJakab. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Like what you hear? Leave a review on Apple Podcasts. Click here if you have iOS 11