I spent the past weekend at an investment conference that featured a bunch of speakers talking about various ways to make money in the financial markets.
The dirty little secret is that I don’t go to watch the presentations.
I go mostly to visit with friends who are speaking, as was the case this time.
I also take the opportunity to do a lot of people watching and small talk to see what people are currently doing with their money and what their concerns are at a given moment in time.
The presentations, for the most part, were pretty run-of-the-mill, vanilla, low-cost index funds and buy-and-hold strategies.
That might be okay for some, but if you want to be financially secure sometime this century, then you’re going to need a better plan.