Smart Investors vs. Dumb Investors

Why bull markets make you feel smarter and bear markets make you feel dumber. The post Smart Investors vs. Dumb Investors appeared first on A Wealth of Common Sense. ...

  RCBU   Jun 24, 2026   0   0  Add to Reading List
Smart Investors vs. Dumb Investors
Every year I do some back-of-the-envelope investment planning to set some goalposts. It’s a useful process to take stock of where you are, where you’ve been and where you’re going. I take our current net worth and savings rate. Then I make some assumptions about future savings rates, income and return expectations. Those return expectations exist in a range because it’s impossible to predict the fu...

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