Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people’s failures, but it gets much more firmly seared in when they areRead More…
Investors are Getting Better All the Time!
From Morningstar.com, a new “Mind the Gap” study shows that “investors continue to capture more of their returns than before.” This is the great news… Investments aren’t getting better, INVESTORS ARE GETTINGRead More…
Money Mistake Clinic: Too many cooks in the kitchen is a surefire money loser.
Diversification is a good thing. No, it’s a great thing. Proper diversification, and asset allocation in a finer sense, serve to reduce overall portfolio risk by holding complementary non-correlating assets. Non correlatingRead More…
Money Skills: So, time is money after all. Investing in Watches.
For decades, investors have been seeking ways to diversify their holdings away from traditional stock and bond portfolios by including other asset classes. As a result, alternative investments have become a standardRead More…
Money Skills: The No Excuses Savings and Investing Plan
You may be frustrated that you never seem to have money in the bank, or you can’t come up with a thousand bucks to start an investment account, so to those ofRead More…
Your Average Joe Economics: COVID-19, your Investment Portfolio and your “New Normal”
For months, we’ve been holed-up, together-alone, alternately watching Netflix and daily briefings about the pandemic. We worry what the “new normal” is going to look like, because the “now normal” just sucks.Read More…
Imagine losing 20% of your Money.
“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.” –John Bogle
Bad things happen when you think you’re smarter than the Stock Market
Not a day goes by when both new and experienced investors attack the stock market with a mouse, a fresh wad of dough, unchained enthusiasm, and misplaced confidence. “This is the day!”Read More…
Investor, know thyself!
“Know Thyself” is one of the ancient Delphic aphorisms inscribed on the Temple of Apollo at Delphi, Greece. Philosopher Socrates went a step further. He said, “The unexamined life is not worthRead More…
Your Average Joe Economics: Bulls, Bears, Corrections and Crashes. The Stock Market, Part 2
In Bulls, Bears, Corrections and Crashes, Part 1 we examined the differences in various market stages. Part 2 is about putting together your to do lists. The Dow Jones Industrial Averages (DJIA) set 70 recordRead More…