Posts filed under “Investing”
This column warns investors to be wary of what they read and hear in the Financial Press.
Here’s the ubiquitous excerpt:
Have you ever noticed how the stock market reacts differently to the same
Why is it that we sometimes sell off "in response to rising oil prices," but
at other times the "market rallied, despite the rise in the price of crude"?
How come a selloff was caused by a suicide bombing in Iraq, but a week later,
the markets shrugged off an even larger, deadlier bombing? Is it possible that
the markets are responding to forces other than the latest headlines?
Short answer: Absolutely. Yes.
Longer answer: Keep reading.
Prior columns can be found here.
Nice piece by BMO Nesbitt on why investors fail: “Individuals have historically underperformed the markets, earning just 2.6% vs. the S&P 500 gain of 12.2% between 1984 and the end of 2002*. Research in the U.S. has shown that this dramatic underperformance comes as a direct result of client behaviour, or more specifically, the attempt…Read More
Here’s an alternative investment: finely wrought and meticulously maintained sheet metal. The Old Westbury Garden Antique Auto Show 1957 Buick 88 There were over 400 autos here, so I limited my photo taking to only 100 cars; My interests tend towards the 1940s and 1950s era designs. Be forewarned — this is a giant time…Read More