Dear Friends,

We inadvertently left out the list of funds in our previous newsletter.

Here is the entire text including the full instructions. This was on this weeks podcast-

Mastering Patience: Insights for Long-Term Success in DIY Investing

Being a do-it-yourself investor can be both rewarding and challenging. In this episode, we explore the essential mindset and strategies needed to succeed in the long term.

Drawing from academic research, historical data, and decades of experience, this episode covers:

Why short-term returns are often just noise and how to focus on the bigger picture.
The importance of a 20-30 year horizon for small-cap value investments.
How to avoid emotional decision-making and set realistic expectations.
Insights into the performance of small-cap value vs. the S&P 500 over 25+ years.
The role of faith, patience, and discipline in building a successful investment portfolio.

Paul also provides a step-by-step guide to help investors analyze the numbers referenced in this episode. Follow these steps to compare small-cap value funds and the S&P 500:

Steps to Analyze Performance on Morningstar:

One by one, enter the following ticker symbols into the Fund Chart Compare search box and hit return after each:

DFLVX
DFSTX
IWN
IWM
VBTLX

Open ⁠morningstar.com⁠.
Enter DFFVX in the search box at the top of the page.
Open the Chart option located next to the Quote.
Select MAX next to the Start Date to view the full performance history.
One by one, enter the following ticker symbols into the Fund Chart Compare search box and hit return after each:

This process allows you to visualize and compare the performance of these funds over time and gain a deeper understanding of the data discussed in this podcast.

Whether you're 25 or 81, this episode is packed with actionable insights and encouragement to help you stay the course and achieve your financial goals.

Listen now for expert advice and a fresh perspective on long-term investing!

Links that Paul uses in this podcast-

⁠Bootcamp #1 - Biggest Decision of All: Stocks vs. Bonds⁠

⁠Avantis Quilt Chart

Thank you,

Paul Merriman

Correction from previous newsletter