All-in-One ETFs & Emotionless Investing

Andrew and Dave discuss why all-in-one ETFs take the guesswork out of investing — and why doing less often leads to better results.

💈💈💈

You know the all in one portfolio, ETFs.

Yep. Of course.

I think they’re just absolutely golden products because when people are investing in those, they never have to think about, which ETF do I buy this month?

No, I couldn’t agree more. In fact, I just advocated for them in the updated version of The Wealthy Barber. But you know what piece of good news is when you look at the data in the last five to 10 years, a lot of the younger investors who are using low cost index funds ETFs in ETF form aren’t jumping in and out.

They are tending to go broad market. They are tending to follow your instructions. Think longer term. I love when you talked about staying dispassionate. The best investors I know, the ones who’ve truly matched the market or close to it, pay almost no attention.

My father’s a classic example. He never knows what the markets are doing and because of that, he doesn’t get engaged emotionally.

And because of that, he doesn’t do anything stupid. And finally we’re seeing some more people follow that pattern of just saying, I can’t figure this out anyway. That there’s no macro forecaster out there who truly adds value. I’m just gonna set aside my money monthly, let it go for 20, 30, and 40 years, and that tends to work extremely well.

Yeah. I love that. I love that. And I think too, that there are enough people, you and me and, and several, several other people who are doing our best to try to educate people on that. And that emotional component, because that’s the, that’s the biggest challenge. It’s always going to be the biggest challenge because we’re humans, we’re human beings.