The beauty of simplicity …. I wish I wrote this

Every now and then I read an article and think “Wow, I wish had written than”. I’m sure I’m not alone.

Recently I came across this article from Safal Niveshak, which is part tribue to Jonathan Clements, and part ode to simplictiy.

Money Is Simple. Why Do We Make It Complicated?

My favourite passage:

“A simple equity fund, a fixed-income option, and plain insurance are enough for most of us. But the industry thrives on multiplying choice because that’s how assets are gathered. Each new fund or product adds jargon, adds fees, and adds confusion. Bad for the buyer, but wonderful for the seller!”

We might argue a little about the details, but I wholeheartedly agree with the spirit of the article.

After reading this article, I was keen to see what else Niveshak has written. Somewhat ironically, the homepage of his website screams

“Pick winning stocks using my free, automated stock analysis Excel”

I’m not sure this really aligns with the aim of simplicity! However, the article remains a great read. Good day to you all.