By Brad Beckstrom
There’s this constant buzz, the stock market is overvalued, a major crash is coming, interest rates are going up, homes are overvalued. If you read all of these headlines, you get the feeling there are no “truly safe” investments. If you’re striving for financial independence, these types of alerts and headlines can really get to you. They used to really bother me.
Over the past few years I’ve been steadily working on what I call the high quality, low information diet. The 2016 election set me back a bit, but I’m on the road to recovery. The news notifications are off, emails are being rounded up and unsubscribed, I’m getting higher quality news and information on my own terms.
If we can free up time, by removing distractions, then we can invest it elsewhere. Let’s start with traditional investing. I used to subscribe to multiple investing e-mail newsletters. I think I even paid for a few of them! I’ve unsubscribed manually, and using a tool called unroll me. Once in awhile they still find me and I marvel at all of the investing advice out there. Everything from, microcap stocks, crypto currencies, precious metals, the list goes on. What I take away from this deluge of information now, is to go in the opposite direction. Instead of expanding into new areas of investing I’ve chosen to vastly simplify my investing strategy, 4 low fee index funds, freeing up even more time for safer investments.
The Safest Investment