When the Average Investor Sits it Out: Part 2
What happens when you miss the best days? In part 1, I wrote about how investors wait for some kind of buying signal before investing and how this can lead to significant underperformance. In part 2, I will show why getting out of the market during volatility can also be counter productive. In reality, it’s […]
When the Average Investor Sits it Out: Part 1
The horse has left the barn! Close the door! Many investors fail to see market selloffs as an opportunity. In fact they often wait for the market to recover before they invest. During the market highs last September, I had a conversation with someone who says he wanted to invest money that’s been sitting in […]
A December 21st letter to clients on recent market losses
“Usually, when the urge to change is strongest, the benefit of the change is weakest.” For several years, U.S. stocks have been on a historic bull run, outpacing most other major asset classes. However, 2018 has been a rocky year for financial markets; beginning with new highs, followed by a correction in February & March, […]
Yes, The Dow hit another 1000 point milestone; However, not as significant as it used to be.
First, I have no idea in the short term what the market will do, but I do know that some of the reports we hear about milestones in the market need some perspective. The US stock market was nearly flat for over 2 years until the end of 2016; the Stock market has been on […]