So the market is up a bunch in the past year, what should you do? Here are my answers: You are retired and drawing upon your savings You should probably already have a balanced portfolio that can weather ups and downs. Not too much in bonds, not too much in stocks, but not so little… Read More »
Covid. The Election transition. Christmas. The market sure hates uncertainty, and the virus is getting worse. It will probably continue until we have a good vaccine in enough volume. The election transition looks like it’ll play out until January 20. Hopefully not. With the downturn this year, Christmas shopping season is less than certain. And… Read More »
Let’s start with a little financial market review this week: Tesla Shares Surpass $1,000 On Semi Truck Production Memo – Tech Crunch Restaurants Parse Extensive And Conflicting Guidance As They Reopen – WSJ $410 Million Mega Millions Winning Ticket Sold In Arizona – USA Today Jim Cramer: The lesson from Wall Street’s biggest sell-off since… Read More »
I wonder. If I buy gold today, what do I have in 20 years? In theory, gold is a store of value. It should not be an investment. Sometimes it is. How? Gold at times is unloved. This is when the price of gold goes down below what it really should be. Then it is… Read More »
You own stock in 10 companies that you know very well (or should). Do you buy each in equal dollar amounts? What if you know, really know, based on its financials or some other logical factor that one company stands the best chance of growing quickly? Is there anything so wrong with making it 15%… Read More »