The course is a shortcut to understanding diversification, so you can succeed if your investment goal is to "own broadly diversified stocks at the lowest possible cost."
This course is for everyone—except those who already understand all these concepts:
- the difference between speculating and investing
- owning individual stocks exposes you to uncompensated risk
- how to construct a "good" portfolio
- why you cannot beat the Market portfolio without adding more risk
- mixing ETFs and mutual funds doesn't improve diversification
- using many investment firms doesn't diversify your investments
You will learn why you need to manage risk, and where it comes from. When you complete this mini-course, you will know exactly how to improve your portfolio to get on the best track to achieve your financial dreams.
This course is easily approachable for complete beginners, yet includes some eye-opening revelations to even experienced investors.
Rick Van Ness is a successful private investor and retired executive who provides investor education through online videos, short books, and workshops. Rick has an engineering degree from Cornell University and an MBA in Finance from New York University. His background in engineering and business provides him with an excellent basis for understanding and teaching investments and financial planning.
Rick provides unbiased education. He helps students understand the teachings of the most widely respected economists and financial planners. Students learn that smart investing is simple (not easy) and to take charge of their finances on their paths to achieving rich and fulfilling lives.
StartDon't Confuse Speculating With Investing (9:03)
StartWhy Not Pick The Best Stock Instead of Forming a Portfolio? (8:54)
StartHow Do We Construct A "Good" Portfolio? (14:41)
PreviewCommon Misconceptions—Important To Correct (6:55)
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StartCredits and Course Resources