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Index Funds: The 12-Step Program for Active Investors - Introduction
Mark Hebner explains the benefits of Index Funds Investing using his 12 Step Program from his book titled: Index Funds: The 12-Step Program for Active Investors
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Mark Hebner explains the benefits of Index Funds Investing using his 12 Step Program from his book titled: Index Funds: The 12-Step Program for Active Investors
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Index Funds: The 12-Step Program for Active Investors - Step 1: Active Investors
Mark Hebner explains how to identify an Active Investor. Mark covers characteristics of Active Investors including their addictive behavior and emotions. Mark identifies the four main strategies of Active Investors: Stock Pickers, Time Pickers, Manager Pickers, and Style Drifters.
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Mark Hebner explains how to identify an Active Investor. Mark covers characteristics of Active Investors including their addictive behavior and emotions. Mark identifies the four main strategies of Active Investors: Stock Pickers, Time Pickers, Manager Pickers, and Style Drifters.
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Index Funds: The 12-Step Program for Active Investors - Step 2: Nobel Laureates
Mark Hebner explains the Nobel Laureates. Mark suggests a higher power of non-biased information from academics who carefully analyze data and have that data peer reviewed before it is published. Mark identifies the five basic concepts of the Modern Portfolio Theory.
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Mark Hebner explains the Nobel Laureates. Mark suggests a higher power of non-biased information from academics who carefully analyze data and have that data peer reviewed before it is published. Mark identifies the five basic concepts of the Modern Portfolio Theory.
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Index Funds: The 12-Step Program for Active Investors - Step 3: Stock Pickers
Mark Hebner explains the selection of stocks. Mark covers the Efficient Frontier by Harry Markowitz. Mark explains the correlation of risk and returns of indexes. Mark lists important performance evaluation errors of stock pickers.
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Mark Hebner explains the selection of stocks. Mark covers the Efficient Frontier by Harry Markowitz. Mark explains the correlation of risk and returns of indexes. Mark lists important performance evaluation errors of stock pickers.
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Index Funds: The 12-Step Program for Active Investors - Step 4: Time Pickers
Mark Hebner explains Time Pickers (mostly newsletters that explain to investors when to be in or out of the market). Mark explains why investors do so poorly in this area and gives an example of a 1974 Gallup Poll where 51 percent of people's prediction was severely wrong.
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Mark Hebner explains Time Pickers (mostly newsletters that explain to investors when to be in or out of the market). Mark explains why investors do so poorly in this area and gives an example of a 1974 Gallup Poll where 51 percent of people's prediction was severely wrong.
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Index Funds: The 12-Step Program for Active Investors - Step 5: Manager Pickers
Mark Hebner explains Manager Pickers. Mark explains how difficult it is for managers to repeat their performance. Mark also looks at a manager picking study that tracked the performance of managers before they were hired and subsequent years. The results are quite sobering.
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Mark Hebner explains Manager Pickers. Mark explains how difficult it is for managers to repeat their performance. Mark also looks at a manager picking study that tracked the performance of managers before they were hired and subsequent years. The results are quite sobering.
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Index Funds: The 12-Step Program for Active Investors - Step 6: Style Drifters
Mark Hebner explains Style Drifters (investment managers who waiver on what style will be the next winner in the near future). Mark charts the top asset classes over a period of time to prove the inconsistency of any given style.
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Mark Hebner explains Style Drifters (investment managers who waiver on what style will be the next winner in the near future). Mark charts the top asset classes over a period of time to prove the inconsistency of any given style.
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Index Funds: The 12-Step Program for Active Investors - Step 7: Silent Partners
Mark Hebner Explains Silent Partners. Silent Partners can be: Sales agents or stock brokers, fund managers, accountants, investment advisory fees, market makers, transfer agents, mutual fund distributors, brokerage firms and Uncle Sam.
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Mark Hebner Explains Silent Partners. Silent Partners can be: Sales agents or stock brokers, fund managers, accountants, investment advisory fees, market makers, transfer agents, mutual fund distributors, brokerage firms and Uncle Sam.
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Index Funds: The 12-Step Program for Active Investors - Step 8: Riskese
Mark Hebner explains Riskese. Mark covers the correlation of risk and time, standard deviation over time and risk and return.
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Mark Hebner explains Riskese. Mark covers the correlation of risk and time, standard deviation over time and risk and return.
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Index Funds: The 12-Step Program for Active Investors - Step 9: History
Mark explains why investors need to take their time to analyze the long term historic risk and return of various indexes before they can intelligently design a globally diversified portfolio of indexes that will maximize their return at each level of risk.
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Mark explains why investors need to take their time to analyze the long term historic risk and return of various indexes before they can intelligently design a globally diversified portfolio of indexes that will maximize their return at each level of risk.
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Index Funds: The 12-Step Program for Active Investors - Step 10: Risk Capacity
Mark Hebner explains how the Risk Capacity Survey can help determine how much risk is right for an investor. Mark covers the 5 dimensions of risk: Time, Knowledge, Attitude, Income, and Worth.
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Mark Hebner explains how the Risk Capacity Survey can help determine how much risk is right for an investor. Mark covers the 5 dimensions of risk: Time, Knowledge, Attitude, Income, and Worth.
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Index Funds: The 12-Step Program for Active Investors - Step 11: Risk Exposure
Mark Hebner explains Risk Exposure and their 5 dimensions: General Market Risk, a Small Cap Exposure, a Value Exposure, and for Fixed Income the Term and Default Risk. Mark covers the three basic asset classes in the 20 IFA Portfolios. Mark also covers the "Big Table".
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Mark Hebner explains Risk Exposure and their 5 dimensions: General Market Risk, a Small Cap Exposure, a Value Exposure, and for Fixed Income the Term and Default Risk. Mark covers the three basic asset classes in the 20 IFA Portfolios. Mark also covers the "Big Table".
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Index Funds: The 12-Step Program for Active Investors - Step 12: Invest and Relax
Mark Hebner explains why you should Invest and Relax. Mark covers how rebalancing maintains your appropriate level of risk.
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Mark Hebner explains why you should Invest and Relax. Mark covers how rebalancing maintains your appropriate level of risk.
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