Despite impressive evidence that most short-term movements in the markets are random, professional and amateur investors alike continue to throw hundreds of billions of dollars at strategies designed to beat the market. The common perception is that certain securities are “mispriced”—that is, investors have bid them too high or too low based on their inherent value.The human mind has evolved […]
Best-selling author Suze Orman has become a veritable guru to women (and many men) who want to get a handle on their finances. Through her books, television shows, and personal appearances, Orman has preached a philosophy of financial responsibility and debt reduction. There is no question that her basic message is helpful and important to the many Americans who find […]
Please take a moment to remember the 3.3% decline in the Dow, which occurred less than a month ago (and was caused by the sell off in Asian markets). Now, look at your performance reports. You’ll notice that your investments are up for the quarter by two to three percent, which is a great quarterly return. It always amazes me […]
