Financial Advice

T. Chester

• Financial Advice for My Son (and JPL/CIT Employees) was written in 1989 to give my son all that I learned about investing after I researched the subject. I added some specific information for JPL and Caltech employees. Since I wrote that up, I acquired another son and will have to update the title when I update the rest of it! Thus please be aware that some specifics given in that document are therefore dated. The general advice is certainly still correct, since these principles haven't changed for decades.
  

  NOTE: The glossary is not yet present, but if you wish to email me any word you want defined, I'll start adding words to it and email you the definition.
  
  

• Expected Return of the S&P 500 stocks over the next 5-30 years. This is very current information about the negative expected return from stocks in the next decade, due to the current high levels of large capitalization stocks.
  
  
• Update log for financial advice.

DISCLAIMER: These documents were written for my son, and I threw in some specific information for JPL/CIT employees on the investment options available to them. I take no responsibility or liability for anyone following this advice.

I apologize for putting in such a stupid statement as the above disclaimer. It was only necessary due to the incredible mess that lawyers have gotten our society into. I'll be posting some specifics on how (some) lawyers make us all poorer and how (some) lawyers have made our society a significantly worse place in which to live, in their quest to make a dollar.

Copyright © 1989, 1996, 1997 by Tom Chester.
Permission is freely granted to reproduce any or all of this page as long as credit is given to me at this source:
http://la.znet.com/~schester/financial_advice/index.html
Comments and feedback: Tom Chester
Last update: 12 May 1997.