2008 August | WhereDoesAllMyMoneyGo.com

Dimensional Fund Advisors Part V

Posted by Preet on Aug 19, 2008 | 0 comments

This article is one in a long series which I hope will help explain the ins and outs of DFA – Dimensional Fund Advisors. NOTE: This is my interpretation and explanation only. For the final word, please refer to the DFA Canada Website. To read other parts in this series, please CLICK HERE for a listing of all articles. A Concession I will concede that certain investors can beat the markets, for even extended periods of time. And some investors may have tremendous outperformance (perhaps one of their original investments they made was a penny stock that is now a billion dollar company), but this is simply a reflection of the tremendous risks they may have taken. And...

Inteview With A Professional Options Trader

Posted by Preet on Aug 18, 2008 | 1 comment

I’m pleased to present the following interview I conducted with Dr. Mark Wolfinger, an expert on options trading. Mark has decades of experience as a professional options trader and has written three books on options, on top of maintaining his own blog for investors interested in learning more about option trading. My questions appear in bold, and Mark’s answers appear in plain text. Mark, you have more than 30 years experience trading options. How have the options markets evolved since you first began? Night and day! When I started as a CBOE market maker in 1977, we only had call options. Puts did not begin trading until later, and that made hedging more...

Dimensional Fund Advisors Part IV

Posted by Preet on Aug 17, 2008 | 0 comments

This article is one in a long series which I hope will help explain the ins and outs of DFA – Dimensional Fund Advisors. NOTE: This is my interpretation and explanation only. For the final word, please refer to the DFA Canada Website. To read other parts in this series, please CLICK HERE for a listing of all articles. Okay, so today we are going to talk about some of the differences between investing and gambling. Rather, I should clarify that this is my own personal take on it – if you look up “investing” you may find many different explanations from the one I present here. Feel free to debate it as I think of it as more of a fluid concept rather...

A Lap Of The Blogs

Posted by Preet on Aug 14, 2008 | 4 comments

If you are new to WhereDoesAllMyMoneyGo.com, every Friday I run a post called “A Lap Of The Blogs” which provides links to articles I found interesting and think that others may want to read for themselves. I also include some commentary on what’s going on in my personal life and a weekly “racing video” since my former life was in the auto-racing industry. The name “Lap of the Blogs” is in reference to “A Lap Of The Gods” which is an old video series which chronicled on-board footage of the world’s greatest F1 drivers lapping various racetracks from around the world. Not much to report this week so I’ll get right to it… From Around The...

Dimensional Fund Advisors Part III

Posted by Preet on Aug 13, 2008 | 5 comments

This article is one in a long series which I hope will help explain the ins and outs of DFA – Dimensional Fund Advisors. NOTE: This is my interpretation and explanation only. For the final word, please refer to the DFA Canada Website. To read other parts in this series, please CLICK HERE for a listing of all articles. While many readers of this blog are completely up to speed on the debate between active and passive management and are eager to move beyond this, I feel it is necessary to continue with supporting this background information for those readers who are new to this concept. So for those who find this information redundant, I will ask you to please bear...

The Benefits of a Professional Executor

Posted by Preet on Aug 13, 2008 | 10 comments

Today is a group writing project conducted by a few blogs on the topic of estate planning. I’ve written about The Benefits of a Professional Executor today, but the following bloggers have written articles about estate planning as well please feel free to check them out: The Quest for Four Pillars wrote: “My last will and testament” The Million Dollar Journey wrote: “Why you need a will and the basics of estate planning” The Financial Blogger wrote: “Common mistakes in a will” Thicken My Wallet wrote: “5 myths about wills” The Canadian Capitalist wrote: “Getting your wills done through your...

Dimensional Fund Advisors Part II

Posted by Preet on Aug 11, 2008 | 4 comments

This article is one in a long series which I hope will help explain the ins and outs of DFA – Dimensional Fund Advisors. NOTE: This is my interpretation and explanation only. For the final word, please refer to the DFA Canada Website. To read other parts in this series, please CLICK HERE for a listing of all articles. Markets Work, Capitalism Works This is one of the core beliefs behind DFA. The Director of Research, Eugene Fama, is often credited as the father of the efficient markets hypothesis which is widely quoted within the industry and between investors. However, they will explain that they prefer using the term “equilibrium markets”. This is...