Author and financial planner Andrew Horowitz explains some of the risks worth considering when investing and some of the questions to ask yourself when setting up a portfolio.
The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds. —John Maynard Keynes, The General Theory of Employment, Interest and Money (13 December 1935)
The Nat'l Assoc of Home Builders sentiment survey was a weaker than expect= ed 16, 2 pts below the estimate and down from 17 in Nov. It's the weakest= reading since June. Present conditions fell 1 pt to 16 and the Future out= look fell 2 pts to 26. Prospective Buyers Traffic was unchanged for a 3rd= month at 13. It's apparent that the industry didn't get much lift from th= e extension of the home buying tax credit into the spring and begs the que= stion of how much was the pull forward of demand when it was first...
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