109 | Wasting Time That We Don't Have

We can’t help it, but managing investments means that we would have to dedicate a lot of resources to investments: talking about them, reporting on them, disclosing them, administering them, and having our eyes glaze over them.

That’s not something that we want to do.

We can’t spend precious time, talking "shop" about investments when we could be extending the horizon on our income streams, refining our spending in a way that drives contentment, or setting money aside in a more intentional and accessible manner.

The behind the scenes work of administration and remaining compliant to industry regulations is substantial and better outsourced to financial technology companies that have figured out how to streamline this work and charge fees that have been trending towards $0 for decades.

The management of assets is like cutting your grass with scissors when there is a lawn company offering to mow it for free - it takes too much time, requires too many steps, risks missing a couple of blades, and gets to the same outcome.

We review investment options, we review investment performance, we give investment advice, and even help adjust your investment allocation if needed, but we do not manage investments.

Additional Resources

A Primordial Take on Asset Allocation by Christine Benz