In the Long Term, the Absolute Trumps the Relative
Most of us remember the dot com bubble. We would buy a technology stock trading at 60 times its earnings estimates and think this was a tremendous deal as compared to other technology stocks trading at over 100 times or even 1,000 times their earnings. When the bubble popped, almost all technology stocks got […]
Cash – Revisiting an Old Friend
The next time you look at your financial assets, I ask that you not forget about your cash. Cash has become the ugly stepchild of the financial world over the last few years. We cast it aside, look at it crossly, and ask it why it couldn’t generate more than 10 cents of interest […]
The Dilemma of Market Volatility
Depending on our ages and our respective time horizons, we each experience a different feeling during market declines when downside volatility picks up. I compare it to when I’m in an airplane and the flight hits moderate to major turbulence. I think through all the statistics that are working heavily in my favor for this […]
