Why do investors find it difficult to deal with the reality of the random nature of investment returns? Paul gave a lot of thought to this question in preparation for an interview with Jim Dahle of White Coat Investor and Rick Ferri, President of The John C. Bogle Center for Financial Literacy.

On this podcast he shares his conclusions, including the likely possibility that it is the neat and tidy way we teach the history of returns. Paul focuses on the many decades of underperformance of the asset classes that most investors have in their portfolio. He draws on information from the 4 Fund Combo tables as well as the 9 Decades Study. The interview with Jim and Rick will be posted next month.

This podcast is part of the educational offerings from The Merriman Financial Education Foundation, a registered 501(c)3.  If you found value in this podcast, here are four ways to support the podcast and our Foundation:

1)    Leave a podcast review on your player of choice.

2)    Sign up for our biweekly newsletter at PaulMerriman.com

3)    Use our M1 Finance affiliate link if you are interested in setting up a brokerage account, using our portfolio suggestions. The Foundation will receive a small payment at no cost to you.

4)    Consider making a tax-deductible donation to the Foundation to support our mission to provide financial education to investors.

Thank you!