As I write this post, my stock app is flashing green all around. S&P is up almost 4.6%, which apparently is its 11th best showing ever. Stocks, mutual funds and ETFs are up across the board. The only exception is the VIX. Down about 17%, it denotes a significant reduction in volatility after last week’s …
Not too long ago, I published the “Silly Things Active Stock Market Investors Say” post. In it, I recounted some of the most popular excuses explanations people make when they try to justify an active investment strategy. As expected, few of the popular excuses stand up to scrutiny. Low-cost, passive index trackers continue to outperform …
If you read my 2019 recap post, you will have seen the chart below: It ain’t pretty out there! On the x-axis, it plots “Armageddon” stock market predictions made by famous economists, investors and media personalities over the past ten years. The word “Armageddon” is intentional. It denotes the kind of dire prediction whereby stock …
The World Is A Scary Place… Now Give Me Your Money Read More »
You don’t need to read this blog for very long in order to figure out that when it comes to investing, I am a big fan of putting money into low-cost, passive index trackers. As an M&A (mergers and acquisitions) investment banker with access to loads of non-public, price-sensitive information, I am restricted from actively …
