How I Changed My Money Game

By GauchoRico

Revisiting When Should the Game Change? About two years ago, I wrote a post, When Should the Game Change?, in which I discussed how each person can examine his circumstances, goals/objectives, and risk tolerance to…

When Should the Game Change?

By GauchoRico

Since their peaks in Oct/Nov 2021, high growth stock prices have been hammered much more than the major indices. It’s typical for growth to outperform in bull markets and underperform during bear markets. As I’ve…

“Other People’s Money”: Is Yours?

By GauchoRico

Today, I heard a story that’s repeated regularly: very few professional money managers outperform their benchmark index. The study was conducted by Morningstar, and it reported that 47% of active managers outperformed their passive counterparts…

Benchmarking Investment Returns

By GauchoRico

WHY BENCHMARK In investing, a benchmark is something against which an investor can measure returns. It provides a yardstick, often to determine whether an active investment strategy is outperforming a passive strategy. Clearly, if a…

CAGR: What, Why, How

By GauchoRico

WHAT You may have heard the term CAGR. It’s an acronym for Compound Annual Growth Rate. Said another way, it provides investors or borrowers a way to compare returns of various time periods by converting…

GauchoRico’s Financial Disaster

By GauchoRico

MY JOURNEY TO FINANCIAL FREEDOM Those who have read my posts over the years know that I started planning and striving for financial freedom shortly after I graduated from the university. It was a 15-year…

It’s Ok Not to Know

By GauchoRico

I first wrote this in May 2017. I’m posting it here again to point out that getting to the truth and having a complete understanding of financial choices is a prerequisite for making informed, good…