Familiarity does not breed investing knowledge

Shortly after Hurricane Katrina devastated New Orleans, insurers reported higher interest from clients in other parts of the country in homeowner’s coverage for catastrophes like floods and earthquakes. In early 2003, following three years of big losses in the U.S. stock market and just as the market was about to take off on a renewed bull run, investors were dumping […]

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Profit by losing your control attitude

Perhaps the hardest thing to do on the way to becoming a successful investor is unlearning everything you think you know about financial markets and the economy. The difficulty lies in admitting you do not know very much at all. Face it: You probably will not be able to add extra return to your investments by using your “knowledge” of […]

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