About Paladin Money

Welcome to Paladin Money.  This blog is about common sense investing and personal finance topics.  Lackluster financial journalists, and know-nothing financial advisers have a lot to answer for.  In my own small way, I want to help you avoid the traps they lay for you.  That’s why I picked Paladin to name my blog.  The original Paladin were warrior champion knights.  I want to champion the so-called ordinary investor against the deck that I think is often stacked against him or her.

My personal stimulus to take back the management of my own investments was after I watched my portfolio more than halve in value in 2008 while my well-paid “wealth manager” consoled himself, but not me, that at least he was beating the benchmarks.  This, by the way, was after I had asked him if his firm used stops, because I thought the market was looking a bit wobbly, and they assured me that their asset managers did when they felt it necessary.    The culture of fully invested buy and hold management is well loved by many an adviser.  Problem is, it costs a lot of people a lot of money.

And we’ll work hard to keep our strategies and tactics as simple as possible, because if they aren’t, we likely won’t do them.  We will also avoid unnecessary trading.  Less is more, if it pays off.  In many cases it will.

Thanks for stopping by my blog, and please participate in comments and questions.

One Response to “About Paladin Money”

  1. Mat M. May 2, 2011 at 6:40 pm #

    Thank you for taking the time to write and maintain this blog to help the ordinary invester. I too had my IRA (which was invested in Vanguard Index funds) show very little gain in the last decade and decided to become a lot more active in the management of my finances. I’ve been a subscriber to IBD for about three months now and am trying to come up with a methodology to buy stocks on the IBD 50 list in a way that offers decent returns. I came across your blog as I was searching for trading ideas using the IBD 50 list.

    I have looked at both MarketClub ad VectorVest but haven’t subscribed to either service because I haven’t been able to articulate a strategy that I can follow consistently. I’m interested in the IBD50 project that you have and am contemplating engaging in something similar. I’m pretty sure that I will be able to learn from the advice you have on your blog and will be reading it in the coming days.

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