Even as the Dow flirts with 10,000, few investors are climbing aboard the rally, and many can’t bear the idea of losing more money. Barron’s Leslie Norton reports.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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September 21st, 2009 at 8:03 am
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September 21st, 2009 at 8:22 am
Investors may be reluctant to lose more money? Gee whiz.
“They want more safety, preservation of capital.”
Why isn’t anyone (besides me) recommending that investors use collars to guarantee limited losses – while still leaving room for making money in a rally? This video suggests ETFs and Indexes may be what investors seek. But imagine how well protected against loss they would be if they collared those investments.
Options can be used to reduce risk. That should be a more widely known fact.
http://blog.mdwoptions.com/Options_for_Rookies