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| | | The Absence of Racism
We have all heard stories of life cycle events that impact how we invest, save, spend and approach the building and execution of generational wealth. I had a particularly trying weekend that had me feeling surrounded by life cycle events. These included attending a wedding, a bar mitzvah, visiting a newborn baby, seeing those severely infirmed and speaking with those in mourning. I even found time to eat at a restaurant that should be a symbol for the melting pot that is this great country.
When I look back at this hectic weekend, I find myself waxing philosophic. Actually, I came to realize something about the investing world that I never realized until just now. And it's a beautiful thing.
During a time when we are polarized as a society and in some respects as a nation, we can hang our hats on the fact that in the investing world, we enjoy, for the most part, an absence of racism. This is truly a remarkable thing. In a sense, investors practice what I call a pure investing approach.
To read more click here >> or visit http://www.thestockjunction.com
One-Direction Market
It sure seems as if the stock market is only moving in one direction: up. These new market highs are serving to prove a number of things, right or wrong.
First, it's near impossible for those who work so hard at picking stocks to distance themselves from the pack when the broader market moves higher day after day. Moreover, in an effort to find a stock that is acting differently or is somewhat non-correlated with the stock market, we tend to take risks that prompt us to select stocks that blow up rather than go up.
Plus, when the broader market is on fire day after day, investors who have their money only in exchange traded funds (ETFs), index mutual funds or market-correlated funds have made an unprecedented short-term killing.
To read more click here >> or visit http://www.thestockjunction.com
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Keep a civil tongue.