Ep 390: Wealth First Principles #3: How to build a share portfolio that works
Read Full Blog HereShares play a different role than property, and that’s their superpower. In this third Wealth First Principles instalment, we outline a simple, rules-based framework to build a resilient share portfolio that complements property: liquid, globally diversified, tax-aware, and low-cost. The evidence is clear: most active managers and stock-pickers underperform over time. Instead, capture the market return with index funds or diversified ETFs, then let discipline, not prediction, do the heavy lifting.We unpack what truly drives returns (the Equity Risk Premium), why volatility…
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