On Thanksgiving, it’s tradition around our house to go around the table and say what we’re thankful for. So this Thanksgiving, I thought I’d go around the metaphorical table of personal finance and mention what I’m thankful for:
- Compound interest
- Risk management tools like insurance
- Low-cost index funds
- John Bogle
- Exchange Traded Funds (ETFs)
- Discount brokerage houses that compete to keep costs low like Fidelity, Schwab and Vanguard
- The SEC (at least they caught Bernie Madoff)
- The Washington Department of Finance (they regulate my business and are actually pretty helpful)
- FINRA (the finance industry oversight organization)
- Bill Schultheis (author of The Coffeehouse Investor)
- Morningstar for the great investment data they provide
- And, of course, all my clients who make it possible for me to do what I love to do.
Happy Thanksgiving to all.
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