Is There a Simple Reason for the Stock Market Going Down?
Who buys more of what they want when they think the price of what they need will rise?
Who buys more of what they want when they think the price of what they need will rise?
In many ways becoming a skillful investor is a lot like becoming a skillful golfer. But I know several good amateur golfers, ones who consistently shoot in the low 80s, that are lousy investors. Part of the success in the decision-making process of each activity can be determined by how well you manage three things - hidden information, your sample size, and knowing the difference between a good decision and a good outcome.
Don't fall victim to a big fib with your financial advisor
We have heard the term “buy and hold” investing is good and market timing is bad. Before we think about this too much, it is important to accurately define what we mean. Let's start with buy and hold.
We all strive for market beating returns, but evaluate your investment approaches using meaningful time frames and ask yourself, "What kind of ride do I want?"
From our weekly reading, here are 5 curated articles about some topics, not always money related, that may be interesting to our clients. If one helps you go a little deeper in your thinking, then we've accomplished what we wanted. Please enjoy!