Gallio Letter: How Much Money Do You Need to Start Investing?
Less than you think. Fractional shares and zero-commission brokers have eliminated most barriers. The real barrier is the belief that you need a lot.
Timeless letters on investing with patience and clarity. Learn the fundamentals of stocks, ETFs, compound interest, and long-term strategy.
Less than you think. Fractional shares and zero-commission brokers have eliminated most barriers. The real barrier is the belief that you need a lot.
A straightforward path to start investing, from emergency fund to your first purchase.
Compare individual stocks and ETFs to find the right investment approach for your time, risk tolerance, and personality. A practical guide to both strategies.
Understand the fundamentals of investing and why regular people can build wealth by owning pieces of businesses.
Understand what brokers do, the different types available, and what to look for when choosing one. A practical guide to finding the right broker for your investing.
Understand the mathematics of compound interest and why starting early matters far more than how much you invest initially.
Learn how cost basis works, why it matters for taxes, and how to track it properly across multiple purchases and broker transfers.
Learn how dividends work, why some stocks pay them while others don't, and how to use dividend reinvestment to accelerate your wealth.
Invest the same amount on a regular schedule, remove the stress of timing, and let consistency do the work.
Learn why diversification reduces risk, how to actually do it, and why most investors still get it wrong.
Understand how index funds work, why they're simple, and how they fit into a straightforward investing approach.
Learn why investors underperform the market and how to close the gap between investment returns and actual earnings through better decision-making.
Your fear of losing money is real and valid. But the cost of inaction might be higher than the cost of volatility.
Why checking less often leads to better decisions.
Why your friend's returns are irrelevant to your wealth.
Why your strongest urge to buy is usually the signal to be cautious.
Why systems beat willpower when markets drop and how to build them.
How portfolio anxiety affects your sleep and your decisions.
Focus on what you control, accept what you cannot, and build from there.
Crashes aren't disasters, they're normal. Here's how to prepare mentally and stay disciplined when fear peaks.
Understand when it actually makes sense to sell investments, and all the reasons you shouldn't (but think you should).
Understand the behavioral and strategic mistakes that cause investors to underperform the market and lose wealth.
Discover why buy and hold investing outperforms active trading, even with occasional market crashes, and how to implement this strategy in your portfolio.
Your time horizon determines your strategy. The longer you can leave money alone, the better your odds and the higher your risk tolerance can be.
Why most investors should choose passive investing, and when active might make sense for you.
Turn vague ambitions into real targets. The specificity matters more than you think.
Learn why staying invested consistently outperforms trying to catch market peaks and valleys. The data on market timing, volatility, and long-term wealth building.
Prices reflect what buyers will pay and sellers will accept. Everything else just influences that supply and demand. Short-term moves are noise; long-term moves reveal actual business performance.
Charts show history, not the future. Here's how to read them without fooling yourself.
Understand stock market hours across global exchanges and how they affect your investing. A practical guide to trading schedules and when it matters most.
Understand the mechanics behind your stock purchase, from order placement through settlement. A clear explanation of how ownership transfers and what you actually own.