The past several years have given active investment managers plenty of opportunities to show that they can add value to the investment process. Recent studies have shown that individual stocks have become much more volatile than in the past, giving active managers a chance to demonstrate their stock-picking skills by picking winners and avoiding losers. In addition, large up and […]
Month: December 2002
Want to retire? Save until it hurts
The stock market boom of the 1990s did a great disservice to the average retirement investor: it made her feel that big stock returns were the key to retiring in style. From 1990 through 1999, big American stocks grew by an average of 18.2% per year, based on the Standard & Poor’s 500 stock index. A $50,000 investment in the […]