If we extrapolate the Mets’ Opening Day win from yesterday, we can safely assume they will go 162-0 and Asdrubal Cabrera will compete for the NL batting title hitting a cool .600! Just kidding. It’s always important to manage people’s expectations whether it is for their favorite baseball team or their portfolio. Setting unrealistic expectations is a great, easy way to get disappointed. Surely the Mets will not go 162-0 this year, but they can still have a very successful year nonetheless. The same goes for your portfolio. It won’t be perfect, but it can still be very successful.
Here’s what I’ve been reading this morning:
‘Do Price Multiples Predict Market Returns?’ – Larry Swedroe – ETF.com
‘Is Early Retirement Great? For Some, It’s Hard Work To Have Fun’ – Joanne Kaufman – The New York Times
‘What Is Gold?’ – Charlie Bilello – Pension Partners
‘Investor Equity Allocations Reach 2-Year Highs’ – Charles Rotblut – Forbes
‘US Factory Orders Rise For 3rd Straight Month’ – Lucia Mutikani – Business Insider