When it comes to filling out forms, there are a LOT of tiny details that are super important. The first link below talks about a section of a form that could seriously impact the beneficiaries of your account.
Here’s what I’ve been reading this morning:
‘What Does Per Stirpes Mean?’ – Mullooly Asset Show
- Ep. 158 of the show, Tom talks about what the phrase per stirpes means, and why it’s super important to understand when filling out a beneficiary form.
‘I Thought “Price Distortion” Was an Opportunity’ – Josh Brown – The Reformed Broker
- If indexing is distorting the prices of the assets within the index, explain the giant dispersion between winners and losers this year.
‘Explainable Beta’ – Michael Batnick – The Irrelevant Investor
- Using different factor ETFs, investors can get the exposure (and sometimes outperformance) that they’re looking for AND be able to explain it. Something mutual funds were unable to provide.
‘Fat, Happy, and In Over Your Head’ – Morgan Housel – Collaborative Fund
- Morgan writes about how sometimes having more than you need can be more of a liability than an advantage.