It is not uncommon for a client to say something like this, “Investment X has gained a lot lately. Why don’t we invest more in it?” Or, “Why do we keep holding money market funds and short-term bonds when the yield is so low?” The answer to these questions is related to the experience written about in an Associated Press release published… Read more →
Tag: Investing
A Tale of Two Clients, Some Other Stuff, and a Thanksgiving Prayer.
Do you remember how it felt to be a common stock investor during the last 5 years of the 20th century? It felt good. Very good, in fact. The total return of the S&P 500 stock index was 26.39% per year from January 1st, 1996 to December 31st, 1999. Every investor was a stock picking genius. People retired early. One… Read more →
Investment newsletter scam.
Why do people think investing is easy? For a variety of reasons investors sometimes draw incorrect conclusions regarding investment strategies. In many cases it is difficult, or impossible to know if an apparently successful method was, in fact the cause of the successful, or unsuccessful outcome. Appearances can be deceiving. Consider the hypothetical case of the fraudulent investment newsletter writer. … Read more →