In my previous message, I talked about how we moved to defense twice in 2004, but it seemed the market didn’t go down either time. If the markets weren’t going down, why get defensive? It’s an example of where the “generals” stay to fight, but the “soldiers” were leaving the battlefield. Sometimes, when the market… [Read More] Am I the Only One With Losing Stocks?
As I am writing this, the Dow Jones is down nearly 180 points. Sounds like a lot, right? That’s about 1.5% By comparison, October 19, 1987 the stock market dropped 22% in one day. Perspective does matter. Anyway, the last few days, I’ve seen headlines like: – Greenspan Thinks U.S. Heading Toward Recession – High-Risk… [Read More] The Stock Market is Down Today
Think you would you be HAPPY earning less than 1% a year on your money? Many people are…and you might be one of them! Look in your retirement plan, or 401k at work. Say we invest it in the S&P 500 Index at the end of 1999. Leave it there. You’re supposed to be a… [Read More] Is Your 401k Earning Less Than One Percent?
Dizzy From The Stock Market Roller Coaster? Here’s How To Get Off: I want to share with you the part of my playbook I use when the market starts falling. Although that is NOT falling now, it also wasn’t raining when Noah built his Ark. It’s just better to be prepared then to make decisions… [Read More] Dizzy From the Stock Market Roller Coaster? – January 2007