50 Truths About Investing

The Motley Fool posts: 50 Unfortunate Truths About Investing On that note, some investors who we call “legendary” have barely, if at all, beaten an index fund over their careers. On Wall Street, big wealth isn’t indicative of big returns. … The market doesn’t care how much you paid for a stock. Or your house. Or what you think is a “fair” price. … When someone mentions charts, moving averages, head-and-shoulders patterns, or resistance levels, walk away. I’d agree with most of the points, just don’t bother subscribing to their Motley Fool stock picking newsletter though…

Want a Free Lunch? They Don’t Exist!

Investors always want a free lunch. Many chase hot performance and engage in endless debates about the next big thing they just have to try.  In order to get their free lunch, investors will take on investments with huge levels of volatility and risk. When that volatility and risk show up, they bail. Usually they will bail at the worst time and lock in huge losses. Or they bail mid-recovery and don’t get the high gains they thought. Emotionally, they get panicked. At this point I find that many will sit on the sidelines in cash and wait until “the Continue reading

Cranky – “Almost No One Makes Money From The Stock Market Alone”

Author Crankywriter (Dale Roberts), over at Seeking Alpha, wrote a piece about relying on the stock market alone to save for retirement. He has a lot of really great points: Almost No One Makes Money from the Stock Market Alone No one retires because of his or her investment skills or perseverance. People retire or semi-retire when they accumulate wealth by living beneath their means and having money left over after every pay cheque. After that it is about slowly growing your portfolio and investment income. – Cranky He also goes on to mention a particular strategy that has provided Continue reading