"If we knew what it was we were doing, it would not be called research, would it?" Albert Einstein

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12 million dollar financial principles in 2026
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12 million dollar financial principles in 2026

My goal in 2026 is to help investors improved their probability of financial success by making sure they don't ignore the basic financial principles.

Here are 12 of the most important basic financial principles from 30,000 feet.

These are timeless. Ignore them, and history is likely to repeat — with your money.

1. Spend Less Than You Earn
No exceptions.
Everything else depends on this.

2. Start Early
Time is the most powerful force in investing.
You cannot make it up later.

3. Save Automatically
Willpower fails. Systems work. (Think dollar cost averaging and target date funds)

4. Own Businesses, Not Stories
Stocks represent ownership in real companies with earnings and cash flow.

5. Diversification Is a Free Lunch
Across:

companies

industries

countries

asset classes

Risk falls without reducing expected return.

6. Costs Matter — A Lot
Every dollar paid in fees and taxes is a dollar that doesn’t compound for you.

7. Risk and Return Are Linked
Higher returns require tolerating volatility — not avoiding it.

8. Price Matters
Even great investments can be terrible buys at the wrong price.

9. Markets Are Unpredictable in the Short Run
If they weren’t, they wouldn’t offer long-term rewards.

10. Behavior Determines Outcomes
Most investors don’t fail because of bad markets —
They fail because they panic, chase, and quit.

11. Compounding Is Quiet — Then Explosive
Nothing feels like it’s working… until suddenly it is.

12. There Are No Shortcuts
Anyone promising easy wealth is selling hope, not results.

Dive deeper in 2026! In the Coming Months We Will Go Down to 30, 20, 10, and 5 Feet!

Latest Podcast- Pediheart Podcast #366: A Focus On Financial Health With Mr. Paul Merriman

The following are Dr. Pass’ note to his podcast:

This week we end 2025 with a Pediheart tradition - an episode on personal finance for medical professionals with noted authority on index investing and personal finance, Mr. Paul Merriman.

Paul is a retired investment advisor who now has a popular podcast "Sound Investing" and website in which he offers advice on investing for 'do it yourself' investors. In this week's episode, the 5th of his visits to ⁠Pediheart⁠, Mr. Merriman discusses 'factor investing' via index-like ETF's and funds.

He also reviews who he believes might benefit from a financial advisor, what sort of advisor most should seek out and why he believes that many do not need one if they can 'stay the course'.

Resources mentioned in today's podcast are below. Wishing all a happy and healthy new year in 2026.

'Best In Class' ETF's⁠

Sound Investing 'Quilt Charts'

DFA 'Turn Out The Noise'

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"Mr. Paul Merriman, Chris & Daryl, Thank you for all of your great presentations. I have learned a lot from your videos as well as watching your AAII presentations. You have led me to watch videos from Ben Felix. You have also led me to learn more about the Fama-French 3-Factor Model as well as the 5-Factor Model of investing. I am trying to plan for my soon retirement as well as moving my family to a nicer neighborhood to live in. What appeals to me is that your approach is 'mechanical' and unemotional. I really look forward to the upgrades to your Website in 2026 ... !"

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Pediheart Podcast #366: A Focus On Financial Health With Mr. Paul Merriman

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Supercharge Your Retirement with Paul Merriman

On YouTube, click More below the video.

Scroll down to find the chapters—these break the video up into sections for easier navigation.

How to retire with more money and greater peace of mind

In This Edition12 million dollar financial principles in 2026Latest PodcastTestimonial

In This Edition
12 million dollar financial principles in 2026
Latest Podcast
Testimonial

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