Tumultuous Times

Take a look at the table below of the worst days for the stock market over the last ~50 years. You’ll see the usual suspects, Black Monday, the Asian currency crisis in 1997, the Russian crisis in 1998, and 5 days from the second half of 2008. Then there’s one that looks like it doesn’t…

These Are the Goods

Articles Research has shown that female investors are more likely than men to focus on a family’s financial goals over their own absolute investment performance By Blair duQuesnay Consider saving to be a bill you have to pay. Your spending is the negotiable part. By Daniel Egan If you had a plan in place, stick to it; if…

Bogle’s Big Mistake

The world lost a legend this week. Jack Bogle had a greater impact on the average investor than anyone who ever lived. Bogle, however, was not an overnight sensation. The index fund, which he is best known for, wasn’t created until his fifth decade on the planet. I wanted to share the challenges he overcame…

Now Show Japan

I did a post a couple of weeks ago about the potential benefits of dollar cost averaging. To recap: It’s automated It’s a great way to force you to save money It gives you the ability to systematically buy low, with the cherry being that you’re buying more the lower stocks go. I explained that…

Animal Spirits: The Richest 50%

Today’s Animal Spirits is presented by YCharts. Mention Animal Spirits to receive 20% off (*New YCharts users only) On today’s Animal Spirits we discuss: What’s going on with Softbank and WeWork Sears was a giant The U.S. housing market How Japan defied demographics 1 in 5 millennials Who shares fake news? Is the stock market moving faster? Listen…

These Are the Goods

Articles It’s easy to underestimate our ability to change in the future By Morgan Housel You don’t live longer than any human in history without getting a few things right By Derek Thompson US stocks, bonds and real estate are the most trusted and relied upon financial “risk assets” on planet earth By Josh Brown Greed…

Buy Low, Buy High

The last twenty years haven’t been great for U.S. investors. Specifically, it hasn’t been great for lump sum investors. If you invested $10,000 in the S&P 500 in 1999, you could have $29,800 today if you were able to hold on. But how many people threw $10,000 into the S&P 500 and never invested again?…

Animal Spirits: Record Outflows

Today’s Animal Spirits is presented by YCharts. Mention Animal Spirits to receive 20% off (*New YCharts users only) On today’s Animal Spirits we discuss: The gap is closing between active and index Can unemployment signal a recession Some more unemployment numbers J.P. Morgan’s Guide to the Markets Stocks look attractive Alphabeticity Bias Credit Card Perks Do women hedge…

The Wrong Debate

The Wall Street Journal put out an article about the under performance associated with high fee mutual funds. They say: “Consider the performance difference between high-fee and low-fee active funds focused on large-cap U.S. stocks. Over the past 10 years through the third quarter of 2018, the average high-fee option delivered an average annual return of…

Was That The Bottom?

Since the market bottomed On December 26th, the S&P 500 has gained nearly 9%, the strongest nine-day return since 2011. Everybody wants to know whether that was it, but there are no rules for how bear markets end, which is part of what makes investing so entertaining. We’re all just doing our best to navigate…