We all invest for different reasons but one thing we have in common is that we don't want to lose money. As an investor you want to buy low and sell high. And you want to protect your nest egg from large market losses that may devastate your plans. But can you actually do this or are you going to be at the whim of the market's movements? I think, yes, if you have the right plan. For all the ... Read More
Buy and Hold Investing
Retirees: Your Asset Allocation Should Be More Tactical
Amid the ruins of the last market meltdown of 2008-2009, you'll find the finance theory of Asset Allocation and the idea that all an investor needs to do is 'Buy and Hold.' As good and practical as that advice is, it was awfully hard to avoid the emotional panic created by such an extreme. So investors and financial advisers like me were put to the test about our beliefs in the idea of 'efficient ... Read More