The third episode of the Canadian Couch Potato podcast is now live. You can listen in your browser using the tool below, or download it using iTunes or your favourite podcasting software.
My first podcast of 2017 features an interview with Lars Kroijer, author of Investing Demystified, which will soon be released in a second edition. Based in the UK, Lars is a former hedge fund manager, but today he advises investors to give up the dream of market-beating returns in favour of a simple indexing strategy. As he says in our chat: “It’s my view that the overwhelming majority of investors have no chance whatsoever of beating the financial markets and they should act accordingly.”
Lars outlines his arguments in a new series of YouTube videos. The clips are well-produced and provide a good introduction to the principles of index investing.
What’s your expected return?
In the Bad Investment Advice segment, I scoff at an advisor who recently told one of my readers that he could expect 12% returns from traditional mutual funds. Then I encourage investors to challenge advisors and others who casually mention expected returns without explaining how they came up with their numbers.