This is a very credible explanation of how the markets are and have been trading:
https://www.youtube.com/watch?v=sEhlH_YlQlc&feature=youtu.be&a
Most investors measure wealth in dollars — but what if the ruler itself is shrinking? Since 2000, the S&P 500 is up nearly 5x in dollar terms, yet priced in
Effective compounding and tax minimization are not competing goals. They reinforce each other. The discipline that drives superior long-term compounding uses aggressive risk management to minimize drawdowns and so also
Filing a tax return is required. By itself, however, filing rarely produces the best financial outcome. The real leverage comes from planning, especially when that planning is coordinated across the
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