Broadcasts.com - "26 Cultivate with Active or Passive Management" (Net Worth Hacks)

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26 Cultivate with Active or Passive Management

Published: Sept. 23, 2019, 4:30 a.m.

Ken explores the concepts of passive and active management. What are the assets in your life that should be actively managed as to not go into disarray? Things that you should actively manage include your business, time, money, family relationships as well as a few others. Dan Sullivan once said human creativity, innovation and leadership can not be commoditized - hurrah for active management! However, active management doesn\\u2019t have a place in investment portfolios. People who try to beat the market generally don\\u2019t win over time. The market is volatile, thus portfolio diversification and passive investment is ideal. Tune in to learn more!

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This is merely Ken\\u2019s personal opinion and is not to be considered investment advice or a guarantee. Please consult a certified financial adviser and be aware of the risk involved before entering the Stock Market.

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Additional Links:

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Don\\u2019t Be Fooled, Stock Picking is Still a Loser\\u2019s Game

https://www.marketwatch.com/story/dont-be-fooled-stock-picking-is-still-a-losers-game-2018-01-17

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This is how many fund managers actually beat index funds

https://www.marketwatch.com/story/why-way-fewer-actively-managed-funds-beat-the-sp-than-we-thought-2017-04-24

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More evidence that it\\u2019s really hard to \\u2018beat the market\\u2019 over time, ~92% of finance professionals can\\u2019t do it

http://www.aei.org/publication/more-evidence-that-its-really-hard-to-beat-the-market-over-time-92-of-finance-professionals-cant-do-it-2/

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