September 1, 2013 Investment Newsletter for the end of August, 2013 In economics, there is no such thing as a free lunch. Every benefit has to come with a cost. In my world, the price of the great … Continue reading
Daniel Dollinger
August 2, 2013 Investment Newsletter for the end of July, 2013 The market made fabulous gains this month. The Dow was up almost 600 points for the month and almost 2400 points year to date. In percentage terms, … Continue reading
Investment Newsletter for the end of June, 2013 The following are portions of a speech I will be presenting tonight at Toastmasters. The Tortoise Wins the Investment Race Daniel Dollinger Certified Financial Planner In the famous story as mutilated by … Continue reading
February 2, 2013 Investment Newsletter for the end of January, 2013 Today is about how to cheat with numbers. The wrong statistical tool, or the right tool used the wrong way, can be misleading. I am not necessarily implying evil … Continue reading
Correct investing is multi-year long term. Trading is never about out guessing the market. It is about your risk, about rebalancing, and about cash flow. Trading should be occasional at most. Commissions should be discount. Commissions destroy portfolios. The research … Continue reading
Day by day, the swings recently were dramatic (or melodramatic) as everyone’s fear and greed alternated in power. So far in November, there have been a horrible day (the Greek Crisis), and two great days (the Greek Crisis). Over the … Continue reading
The market swings cannot be predicted. The TV and internet stock reports exist by amplifying the excitement of the day. Ask yourself what would be the ratings of a Market Watch type TV program that announced “nothing relevant happened today. … Continue reading
Gold is this year’s bubble and historically has been a very dangerous investment. It has very wide swings in value and could go down as quickly as it has gone up. Look at the last big swing as an example. … Continue reading
Very few mutual funds beat their index in any year. Over five years, almost none have done so. These mutual funds have expensive managers (and expensive research). Unfortunately for the shareholders, the managers do not add as much value as … Continue reading
Technical trading is a method to extract as much commission from you as possible. Often, brokers will use terms like the “stock is above its 30 day average”, “head and shoulders”, etc. Technical trading claims to be able to predict … Continue reading