Posts filed under “Apprenticed Investor”

Investors: Another Chance to Clean Up Your Acts

 

 

 

My Sunday Washington Post Business Section column is out. This morning, we follow up a June column that advised taking advantage of markets at all time highs to clean up your portfolios. This time out, we look at the market turmoil as a reminder, and the snapback rally as an opportunity.

The print version had the full headline Market snapback is chance to clean up your act while the online version was A rollicking week in the markets is really a chance to clean up your act.

Here’s an excerpt from the column:

“A few months ago, with markets on a hot streak, you were given the Solomonic heads-up that “this, too, shall pass.” Your portfolio was basking in the sun at that moment, but as always, winter is coming.

U.S. markets had climbed to all-time highs. Those in Japan, Europe and China hit multi-year records. The contrarian inside thought, “Now is the time to start planning for when markets are less accommodating, more volatile — and for when something eventually goes wrong.”

Well, folks, “less accommodating, more volatile” arrived last week.”

Its a golden opportunity to prune what you don’t need, don’t want, or no longer fits your risk tolerances at advantageous prices . . .

 

 

 

Source:
A rollicking week in the markets is really a chance to clean up your act
Barry Ritholtz
Washington Post, August 30. 2015
http://wapo.st/1O1hofl

Category: Apprenticed Investor, Asset Allocation, Investing, Really, really bad calls, Trading

Arthur Zeikel’s Investing Rules

Arthur Zeikel, president of Merrill Lynch Asset Management, sent his daughter a letter teaching her some investing basics. Enjoy! Personal portfolio management is not a competitive sport. It is, instead, an important individualized effort to achieve some predetermined financial goal by balancing one’s risk-tolerance level with the desire to enhance capital wealth. Good investment management practices…Read More

Category: Apprenticed Investor, Investing, Rules

Sorting Through Online Investment Noise

As Theodore Sturgeon famously observed, 90 percent of science fiction is crap, but then again 90 percent of everything is crap. In the world of online investment opinions, Sturgeon was an optimist. Not all that long ago, the perspectives of individual amateur investors and professional ones, too, were for the most part unknown. Most market…Read More

Category: Apprenticed Investor, Gold & Precious Metals, Really, really bad calls, Web/Tech

Curse of the Macro Tourist

How’s your macro? Not too good? Terrible? Unsure what that even means? Let’s start here: Macro refers to the large geopolitical moments, and the natural and man-made disasters, that some investors track as potential market moving events. Large economic trends or reversals, diplomatic breakthroughs, political crises and even war are all macro events. Think: a…Read More

Category: Apprenticed Investor, Asset Allocation, Financial Press, Really, really bad calls

Travails of the Modern Macro Tourist

      My Sunday Washington Post Business Section column is out. This morning, we look at travels and travails of the macro tourist. That was the name of the online version; in print edition of the paper, it was Is your money subject to the travails of a macro tourist?. Here’s an excerpt from the…Read More

Category: Apprenticed Investor, Asset Allocation, Really, really bad calls

You’re Only Human: Here’s How it Hurts Your Portfolio

I recently had the privilege of sitting down for a chat with Richard Thaler, professor of the Booth School of Business at the University of Chicago. Thaler is widely recognized as the father of behavioral economics. He is perennially on the short list for a Nobel Prize in economics. His observations about how people behave in the…Read More

Category: Apprenticed Investor, Asset Allocation, Cognitive Foibles, Investing

Time for a Fire Drill

Your portfolio may be basking in the sun, but, as always, winter is coming Barry Ritholtz Washington Post, June 7, 2015         “The time to repair the roof is when the sun is shining.” — John F. Kennedy   Markets across the country have hit new all-time highs. The Nasdaq composite index,…Read More

Category: Apprenticed Investor, Asset Allocation, Contrary Indicators, Investing

Markets Are Up, So Prepare For the Next Storm

    My Sunday Washington Post Business Section column is out. This morning, we look at what you can do — right now — to get yourself prepared for stormy weather in the markets. The print version had the full headline The sun is shining on portfolios, but winter is coming, while the online version was Your portfolio may…Read More

Category: Apprenticed Investor, Asset Allocation, Contrary Indicators, Investing

How Is Your Personal Economic Recovery Going?

Are you not feeling the economic recovery? This could be why. Barry Ritholtz Washington Post, May 17 2015       “The future is already here — it’s just not evenly distributed.” —William Gibson   William Gibson’s observation about the future was a reference to the idea that people have different access to new technology…Read More

Category: Apprenticed Investor, Economy

Tren Griffin runs 25IQ, a blog about business models, investing, technology, and other aspects of life that he find interesting. He works for Microsoft; Previously he was a partner at Eagle River, a private equity firm established by Craig McCaw. ~~~ A Dozen Things I have Learned from Barry Ritholtz about Investing As part of my “A Dozen Things…Read More

Category: Apprenticed Investor, Investing, Markets