Many retail investors (like you and me) believe that they can beat the market in the long run by market timing. While underestimating the risk they’re taking by trading just a couple stocks, they are confident that they can perform better than fund managers or even Warren Buffett. Nevertheless, Buffett suggested that most investors are better [...]
Read full article...Saving is about common sense, resistance to temptation, and personal priorities. Have you done the right things?
Consumer Debt: It’s hard to find a good reason to support that it’s brilliant idea to carry any kinds of consumer debt with an APR of 10% or more. If you have one, you should ask yourself why there [...]
Read full article...The entry was started a little bit more than a month ago since I have been a sideline watcher. The news in the past month was surrounding continuing housing weakness, subprime problems, faltering economic growth, and, most importantly, inflation fear. Although President Bush and Fed Chairman Bernanke have repeatedly said that the country isn’t [...]
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