Short answer: no. I am leaving the stocks I have where they are but raising cash, as I have said before. September tends to be a declining month on average but you really never know if 1) this year will be different, 2) when the market will come roaring back. Cash is great but selling… Read More »
I talked in a previous post about the Buffett Indicator. Generally, it is a way to tell if the market as a whole is over or under valued. Is this macro economics at work? Or good actionable data? Or both? The Buffett Indicator is generally the the total market capitalization of all companies divided by… Read More »
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 »
I haven’t written in a while, sorry about that. For all of you that bought meme stocks, sorry for your losses. For those that have lost 30% or more this year, sorry about that too. Ok, lesson today: For the big picture stuff, nobody fu***** knows anything. Nobody knows if we are going to get… Read More »
Happy Memorial Day. Today we solute our men and women in uniform. Our country would not be what it is without you. And of course I hope you are having a good day off work and off staring at the market changes to your 10 stocks. Last Thursday and Friday saw a selloff of tech… Read More »
Anybody can invest in the stock market, yes. But should any given person? There are traps to watch out for. If you are in it to get rich quick, you will likely lose. Why? Because you probably won’t build up an emergency fund first. You’ll put a chunk of money in your brokerage account. Invest… Read More »
I mean that both literally and perhaps not so literally. There will be time when market value will decline and your gain will be negative. There will also be times when you want to sell a loser, and have a good reason. The hope is that overall your stock portfolio will gain, in time, much… Read More »
It seems like nobody believes me. The market can only go up right? If you believe that, the top 1% in wealth will get your stock market investment. Why? Because it doesn’t feel good to “lose money”. I quote that because I mean market value. Most novice investors will sell like crazy when the market… Read More »
Efficient market theory is the idea that stock prices are priced perfectly based on all available public information. Maybe you’ve heard of it? Is Efficient Market Theory True? The stock markets are as efficient as they can be, but stock values are not priced perfectly. From one day to the next, the market can take… Read More »
In this age of Covid-19, you would think the market would be going down down down but the market is going up up up. Why? If you are asking yourself this question, which I also did, you should definitely be holding some cash. Cash as in cash you can invest when the market does go… Read More »