The Use of Story in Teaching Investments with Kelly Klingaman

This week I sat down with Regional Director at Dimensional Fund
Advisors, Kelly Klingaman.


Kelly works with advisors from across the US on investment,
messaging, and business development issues in order to sustain,
improve, and grow their practice. She is also a frequent speaker
for Dimensional’s live video webcast content and virtual
programs. Kelly graduated from the University of Texas at
Austin's McCombs School of Business with a finance degree and a
concentration in investment management. She also holds the
CERTIFIED FINANCIAL PLANNER designation.


HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:


Kelly’s background and her field of expertise

What is meant when people refer to “the market”

How a jar of jelly beans can explain how the “market’s work”

The challenge people face when trying to time the market

Stocks, bonds, mutual funds broken down

The meaning behind different portfolio allocations (60/40,
70/30, etc.)

What a mutual fund is made up of

The difference between value and growth investing

What the aggregate market has shown for value/growth stocks

Which is the riskier investment, value or growth stocks, and
why

What you need to know about expense ratios

Costs to be aware of when buying mutual funds

What you’re paying for in fund fees

What implementation costs could do to your portfolio over
time

The key difference between active management and passive
management

A type of fund that shows low fees is not always the best
option

What “evidence investing” is and how it benefits investors

A comparison of index fund management and evidence investing
using a trip to the grocery store

The best way to reduce risk across your investment portfolio



LINKS WE MENTIONED ON THE SHOW:


Podcast with Philip Taylor

“Love people and use things because the opposite never
works.” –The Minimalist Podcast



GET SOCIAL WITH KELLY AND LET HER KNOW YOU HEARD ABOUT
HER HERE


Dimensional’s Website

Kelly’s e-mail

LinkedIn