Every once in a while I include a video in my weekly tip. Generally, they feature portfolio managers or investment analysts. This week's tip features another video. However, the focus of this week's tip is on a couple who invested with the American Funds for many years. They talk about their long term investment perspective and how they view risk taking.

As many of you know, I'm a big believer in investing long term with an investor's perspective, not a trader's perspective. I've written many tips over the years about long term investment perspectives. I've always believed this fundamental approach to investing is a good way to deal with making money and striving to reach your investment goals.

I once had the pleasure of interviewing Charles Ellis. He is the author of Capital. It's was the only authorized book written about Capital Group. They manage the American Funds. There are two things I remember specifically about that interview. Charles Ellis was on the board of directors of the Vanguard Group. (Vanguard is a large mutual fund group.) Yet, he wrote a book about the competition, Capital Group/American Funds. He also said, "I have my money and my mother's money with the American Funds. I bet you do too." The fact is that I do have my money with the American Funds. I also had my mother's money with them when she was alive.

Enjoy this short video. I think you'll find it of interest.

Long Term Investing