Monte Carlo Simulation – What is it?

If you buy Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing, you also get access to the Rich As a King free video courses (36 of them, in fact).

But  here’s a sneak peak at one of the videos, even without buying the book.

Watch this 7-minute video on Monte Carlo Simulations where Doug explains the mistakes that people make using “average annual return” to prepare their financial plans. Learn about one of the most important financial planning tools used today.

Why financial planners use Monte Carlo Simulations.

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