Ep 097: Allan Roth: How A Second Grader Beats Wall Street
- Author
- The Annuity Man
- Published
- Tue 22 Feb 2022
- Episode Link
- https://theannuityman.libsyn.com/097-allan-roth-how-a-second-grader-beats-wall-street
In this episode, The Annuity Man and Allan Roth discuss:
- Minimizing expenses and emotions
- Social security is the best annuity
- Monte Carlo simulation method
- Some simple investing principles everyone should know
Key Takeaways:
- Minimize expenses and emotions to maximize results. You need discipline and emotional fortitude to stay the course and not panic.
- Social security is the single best, inflation-protected, government-backed annuity on the planet.
- Garbage in, garbage out. Similarly, if you go into something with realistic assumptions, you’ll get real answers with no-nonsense.
- The more you pay in fees, the lower your returns will be. Don’t put all your eggs in one basket. Know the odds of a game before you play. Don’t lend your money to someone who can’t pay you back.
"In 8 words, investing is ‘minimizing expenses and emotions, maximizing diversification and discipline.’" — Allan Roth
Connect with Allan Roth :
Website: https://daretobedull.com
Twitter: https://twitter.com/Dull_Investing
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: [email protected]
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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