51. The Case for Passive Investing with Brendan Lee Young

Brendan Lee Young is the CEO of Passiv. Passiv is a portfolio management tool that makes it easier for DIY investors to maintain a balanced portfolio and build and maintain a passive investment strategy. On this episode of CFO at Home Brendan and Vince discuss passive investing; what it is and the benefits, maintaining a balanced portfolio, and more.

• Key Takeaways:
• • General Benefits of Passive investing
  • • Saves time when compared to stock picking
    • Lower fund fees when compared to actively managed funds
    • Based on Buy-and-Hold strategy that reduces opportunities for human error
    • Provides stability relative to active management
    • Tax Efficient
  • Market history suggests that passive investing works best for those with long-term investment time horizons

• Keep a balanced portfolio
• • Asset allocation (%s of different investment types in a portfolio) can change from time to time due to changes in asset prices. 
  • Maintaining  your asset allocation targets is important in order to keep your portfolio in line with your risk tolerance and investment time horizon
  • When seeking to maintain a overall asset allocation within your portfolio, it’s important to take into account all of your investment accounts

• Recommended Resources
• • The Little Book of Common Sense Investing

• Ways to contact/follow:
• • Passiv
  • Brendan Lee Young - Twitter
  • PassivTeam - Twitter

• Passiv CFO at Home Listener Discount - www.passiv.com/cfo 
• Contact the Host - vince@thecfoathome.com