THOUGHTS ON MONEY [T.O.M.] is a place to find simple truths on money. Everything from budgeting to investing to decision making. A great place to come for answers to your own personal financial questions or to spark thought on how to improve your financial life. Enjoy an easy to read, application focused commentary.
There is a debate out there in the world of finance. A debate about active vs. passive investing. Today I take you on a journey through my personal timeline, how I bumped into this debate, and why I think we are all having the wrong conversation. Come find out why in fact we are all active investors.
In these COVID times, there are no shortages of people tauting how when the market went down that went into the market in a big way and have already made thousands of dollars in returns.
It’s important here to hone in on a key difference between reported economic data and the stock market. Economic data, like a job’s report or a GDP print, is providing you a snapshot of something that has already happened, while the price of the stock market is a prediction of what is assumed to happen.
Trevor is a Private Wealth Advisor focused on building customized financial plans for his and many clients of the team.
As the author of TOM [Thoughts On Money], Trevor endeavors to write and speak about financial concepts and principles in a kind of “straight” talk demeanor and posture.
He received his Bachelor’s degree in Organizational Leadership from Biola University and his MBA from California State University, Fullerton.