Uncertainty is a constant in investing. Rather than hope for portfolio gymnastics to deal with unforeseen events, sensible investors rely on diversification and discipline. In so doing, they distinguish themselves from speculators and, we’d argue, not only enjoy a higher probability of success but a better quality of life, as well.
Market-timing investors’ efforts to outguess the random day-to-day variations in the stock market hurts their performance. They’d have better results if they behaved like rats.
Investors have many reasons to despise international stocks today. Chiefly among them is performance: they’ve underperformed large cap U.S. stocks by 7% per year since 2008. Despite international
Despite rekindled fears over rising interest rates, higher yields are a positive development for long-term investors.
It’s that time of year again, when the financial media issues its “Where to Invest Now” guides. As is often the case, following these experts’ advice in 2016 would have caused more pain than gain.