The stock market is much higher in August. The Dow is up about 2,000 points or 7.5%. The rising stock market means that investors are optimistic about the future state of the economy. Your portfolios all did well. The topic … Continue reading
What a nice month! The profits in January almost made up the entire loss from December. The panic in December was intense. We received several phone calls but almost all of you held tight to the plan. We actually re-balanced … Continue reading
Introduction At its core, both investing and speculating consists of taking a position on an equity. You think it will go down in price or you think it will go up in price. The difference is the reason they took … Continue reading
The market was flat this month. A few things very slightly up, a few things very slightly down, and a lot of boring. I have told everybody many times that I think the crowd is usually wrong. They rush in … Continue reading
Introduction Everyone’s’ portfolio gains were extraordinarily fat this month and quarter. For the quarter, the Dow was up 7.94%. Small cap was up even more at 8.43%. With only a few exceptions, every one of you has a blend of … Continue reading