Posts filed under “Investing”
I meant to post this last night (it went up at RM) but Man, this market cannot hold a bid, can it?
I’ve been watching the breadth and the volume, thinking that a rally on
decreasing A/D along with weak volume would make for a good fake. But we’re not
even getting that. It must be tough to be long after enough of these mediocre days –
they just wear you down.
On a personal note, on Wednesday Missus Big Picture and I moved our personal
retirement accounts into money market funds (2.7% — woo hoo!).
If nothing else, I eat my own dog food…
UPDATE: April 7, 2005 10:05am
To clarify, the retirement accounts are all mutual funds; I am still long a few trading stocks that have not given sell signals. My longs are primarily energy stocks, plus a few micro and small caps, primarily involved in IP, as well as shares from the company I am on the BoD. Oh, and some company involved in this newfangled doohickey called an iPod.
USA Today had an interesting article this past week (it happens). The discussion was on the fact that Most Americans no good at investing. A more accurate title would have been "Humans not good at investing." There’s a very specific reason for this; It is something I am in the middle of writing up, and…Read More
This chart has been used primarily as an excuse for bad investment advice: Source: Marketwatch Why an excuse? It builds in an out for the advice giver: See, you just have to hold onto stocks long enough . . . then you will outperform other asset classes. Now all we need to do is figure…Read More