Good news, investors: Wall Street is holding a sale, offering stocks at 20% off! The statement above comes from a publication called MarketWatch, a subsidiary of Dow Jones and Company, the publisher of the Wall Street Journal. The article also points out that those who buy stocks the day the S&P 500 enters a bear market have made an average… Read more →
Author: Carl Goodin
What would Warren Buffett do?
One hundred eleven billion, four hundred million dollars. $111.4B. $111,400,000,000. This is Warren Buffett’s approximate net worth as of May, 2022 according to Forbes. He is the 5th richest person on planet Earth, sometimes referred to as the “Oracle of Omaha” in recognition of his exemplary success as an investor. Had you invested $10,000 thirty years ago in S&P 500… Read more →
A Lesson About Planting Trees.
The best time to plant trees. Everyone agrees that trees are good. Trees provide oxygen which we require to live. They provide beauty. They live and grow and become furniture, walls, paper, etc. So, we should plant new trees. But when? When is the best time to plant a tree? It has been said that the best time to plant… Read more →
ARKK and Jayne’s Knees Are Doing Better
My Jayne has suffered with arthritic knees for the past several years. Last July she engaged Dr. William Schroer, a specialist in joint reconstruction and replacement surgery to fix her left knee. The good doctor and his team did a wonderful job, and a few days ago they also fixed her right knee. Soon she will again be able to… Read more →
Investor Behavior and a Bit About Inflation
Economists and psychologists have conducted studies to determine whether investors always act rationally. They don’t. A number of persistent patterns of irrational investor behavior have been identified, including overconfidence, hindsight bias, short-term focus, regret, mental accounting and the hot-hand fallacy. We all tend to make these mental mistakes but can avoid them once we become aware. With this writing we… Read more →