Young investors who shouldn’t do this. (from the book)
You have a student loan. - pg 9
You have credit card debt. – pg 119
You have less than $4,000 to invest – pg 121
Your employer matches contributions to a 401k plan. – pg 121 (Invest to the match before leveraging.)
Your income is correlated with the market. - pg 121
You need the money to pay for your kids’ college education. – pg 121
Your risk aversion is average or higher. – pg 121
Other contraindications
You don’t know a great deal about finance.
You have Payday loans etc..
You are not willing to constantly monitor the account.
Could there possibly be as much as 1% of the population for which this is an appropriate asset allocation?
Young investors who shouldn’t do this. (from the book)
You have a student loan. - pg 9
You have credit card debt. – pg 119
You have less than $4,000 to invest – pg 121
Your employer matches contributions to a 401k plan. – pg 121 (Invest to the match before leveraging.)
Your income is correlated with the market. - pg 121
You need the money to pay for your kids’ college education. – pg 121
Your risk aversion is average or higher. – pg 121
Other contraindications
You don’t know a great deal about finance.
You have Payday loans etc..
You are not willing to constantly monitor the account.
Could there possibly be as much as 1% of the population for which this is an appropriate asset allocation?