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Brokerages such as Charles Schwab , Fidelity Investments, and Vanguard provide investors with a lot of optionality when it comes to putting your money to work. These are offered by employers and allow workers to allocate a portion of their paycheck each month to fund retirement. Roth IRAs are a bit different than a traditional IRA.
What a fascinating investor and what a fascinating career David has had. 00:11:18 [Speaker Changed] And, and there’s nothing that makes a wealthy investor one in more than a closed fund. Like right now we’re an open fund and it’s really hard to convince people to invest 00:11:31 [Speaker Changed] You.
Active vs. passive, explained Active and passive investing are two key investing approaches. You'll see the two in the world of mutualfunds, as an example. Actively managed mutualfunds are ones where financial professionals study the universe of investments and decide which ones to buy and sell, and when to do so.
But if you look at, when I sold my software company in the late 1990s, we had this huge disconnect where I’m a value investor. You’re managing the personal capital of Peter Thiel, which I found fascinating because people have a tendency to read into the politics of, of the investors. You have Teal Macro.
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