In this episode of 'Think Smart with TMFG,' your hosts, Rob McClelland and Mike Connon, explore the intriguing concept of 'beating the stock market.' Sharing profound insights from their years of experience in finance, they discuss how the quest to outperform the market often makes investors ignore the significance of a well-planned and disciplined investment strategy. Much of the episode revolves around lessons learned from Warren Buffett's teacher, Benjamin Graham, emphasizing the importance of implementing a robust financial plan and practicing regular portfolio rebalancing.
Rob and Mike warn against moving your entire investment to the U.S. stock market or concentrating it heavily on a handful of top performers. Citing the example of the 'Universal Select Managers' by McKinsey Financial, they underscore the potential disaster of having a highly volatile portfolio built on mere speculative bets.
Rather than chasing market winners, our hosts advise maintaining a diversified portfolio and staying attuned to global market dynamics. They delve into the operations of top companies like Apple, Tesla, and Microsoft, cautioning against the risks of investing solely in growth companies. Additionally, they speak about the pitfalls of irrational trading behavior spurred by the fear of missing out.
Join Rob and Mike as they unravel the intricacies of sustainable financial growth while reminding you to plan strategically, invest wisely, and ensure your best possible retirement.
Episode 262: Unveiling the S&P 500: A Deep Dive into Its Relation with the US Economy
Episode 261: Do the Wealthy Pay Their Fair Share in Taxes?
Episode 260: The Future Of Real Estate
Episode 258: Why Investors Struggle with Investment Losses
Episode 257: Financial Planning For Summer Expenses
Episode 256: Capital Gains Inclusion Rate Changes In Canada
Episode 255: Top 10 Mistakes in Retirement
Episode 254: Understanding Trip Medical and Cancellation Insurance - Conversations with Financial Experts Rob and Mike
Episode 253: CPP - The Best Government Pension Plan?
Episode 252: The Financial Implications of Divorce
Episode 29: Becoming A Great A Client Takes A Little More You Might Expect
Episode 33: Technology: Making Us Way Better At What We Do!
Episode 85: The Sexy Secrets of Private Equity
Episode 251: Retirement is Shorter Than You Think
Episode 250: Essential Steps for Successful Retirement Planning
Episode 249: Expected Rate of Returns in Retirement
Episode 248: All-In on U.S. Stocks – Wise Move or Risky Strategy?
Episode 247: 2023's Most Valuable Companies
Episode 246: Financial Planning Tightwads and Spendthrifts Which Way Works Better?
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast