The core course
Investing 101
Five reads that turn a first buy into a durable habit: what risk actually is, why steady beats clever, what fees quietly cost, when to rebalance, and how to write the one page that will run your money for decades.
- 01What risk actually is (and isn't)The scary number on your screen and the thing that actually ruins investors are two different animals. Learning to tell them apart is most of what 'risk tolerance' means.
- 02Dollar-cost averaging: steady beats cleverInvesting a fixed amount on a fixed date is mathematically unremarkable and behaviorally brilliant. Here is what DCA does, what it doesn't, and why it wins anyway.
- 03Fees: the only number you fully controlYou can't control returns, inflation, or the news. You can control what you pay. A single percent a year, compounded over a career, quietly eats a quarter of your money.
- 04Rebalancing: selling high on a scheduleLeft alone, a portfolio slowly turns into whatever went up the most. Rebalancing is the unglamorous chore that keeps your risk where you put it.
- 05Your one-page investment policyInstitutions write investment policy statements so committees can't improvise. You need one for the same reason: the improviser is you, at 2 a.m., during a crash.