Diversification...is misunderstood and misapplied by both investment pros and non-pros alike. Let's get the diversification misunderstandings, understood.
Spock's advice on Live Long and Prosper in the Market
Past is Prologue
10% Correction To Do List
Hidden Among Everything….
The game Wall Street protects
Wall Street is a marketing machine - not a "great advice machine". They use fear and greed - the fear of losing money, the greed of making a killing - to sell, sell, sell. It's all smoke and mirrors - and the fundamental idea that supports it all is that "gurus" can predict with some regular degree of success.
Happy Reconstitution Day, Many Happy Returns!
Scale hurts active managers
Watch out for "experts" - book review
Many individual investors have seen their portfolios devastated, despite having followed the advice of “experts.” They are left wondering, “What went wrong?”As you may have already guessed, the answer is that following the advice of “future tellers” disguised as investment pros is the wrong strategy. As Jim Cramer once famously said to Jon Stewart of The Daily Show, “I got a lot wrong.
How Many Mutual Funds Routinely Rout the Market? Zero
Look more closely at those gaudy returns, however, and you may see something startling. The truth is that very few professional investors have actually managed to outperform the rising market consistently over those years.In fact, based on the updated findings and definitions of a particular study, it appears that no mutual fund managers have.
What is a "financial advisor"?
Fresh videos on biased vs. unbiased advice and thank you Uncle Sam!
All three videos are brief and engaging - encourage you to take a few minutes total to watch all three. Please don't give up and do it yourself - that may be the worst decision of all. The average investor's results are even less than the returns of the financial product salespersons earning commissions.