What’s an investor to do? In the past three weeks, Greece melted down, a terrorist attacked Times Square, the Dow dropped 600 points in seven minutes and then spiked back up, BP befouled the Gulf of Mexico, and a volcano wrecked the airline industry’s profit plans. If you’re sensible you, um, buy stocks.
This isn’t a [...]
Stocks leaped off the bottom, after the market panic passed, and the economy did too. The first two quarters of recovery were unexpectedly strong. Now, however, various leading indicators point to slower growth later in the year and early next year. Not a return to recession but not a boom, either.
That suggests disappointment for stock-fund [...]
I’m on tour to promote my new book, MAKING THE MOST OF YOUR MONEY NOW, and I’m getting the same question everywhere: What do I think about this or that individual stock? I always say, “Beats me.” What’s more, I don’t even care. Friends don’t let friends buy individual stocks.
I’m optimistic about the stock [...]
After the panic and crash of 2008, many investors decided that they had too much money in stocks. Maybe so, in some cases. But if you switch entirely to bonds or bank accounts, your retirement nest egg won’t grow, over the long term. In fact, its buying power will shrink, due to the pernicious effect [...]
