June 30, 2021
51. The Case for Passive Investing with Brendan Lee Young
Brendan Lee Young is the CEO of Passiv. Passiv is a portfolio management tool that makes it easier for DIY investors to maintain a balanced portfolio and build and maintain a passive investment strategy. On this episode of CFO at Home Brendan and...
Brendan Lee Young is the CEO of Passiv. Passiv is a portfolio management tool that makes it easier for DIY investors to maintain a balanced portfolio and build and maintain a passive investment strategy. On this episode of CFO at Home Brendan and Vince discuss passive investing; what it is and the benefits, maintaining a balanced portfolio, and more.
- Key Takeaways:
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- General Benefits of Passive investing
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- Saves time when compared to stock picking
- Lower fund fees when compared to actively managed funds
- Based on Buy-and-Hold strategy that reduces opportunities for human error
- Provides stability relative to active management
- Tax Efficient
- Market history suggests that passive investing works best for those with long-term investment time horizons
- Keep a balanced portfolio
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- Asset allocation (%s of different investment types in a portfolio) can change from time to time due to changes in asset prices.
- Maintaining your asset allocation targets is important in order to keep your portfolio in line with your risk tolerance and investment time horizon
- When seeking to maintain a overall asset allocation within your portfolio, it’s important to take into account all of your investment accounts
- Recommended Resources
- Ways to contact/follow:
- Passiv CFO at Home Listener Discount - www.passiv.com/cfo
- Contact the Host - vince@thecfoathome.com
