Conventional investing wisdom tells you to park your cash in an index fund and then sit back and relax. Stock market corrections and bear markets? Don’t worry about them – the market always goes up. Is this true? Does the market really always go up? I’d like to present what I believe are two major flaws … Read more
I am now more convinced than ever that we are in a stock market bubble. I will offer what I consider “proof,” but first let’s get a few things straight. 1. The Stock Market is a Very Real Game The stock market is a unique part of the economy. It contains properties that are both … Read more
Trading and investing draw distinct comparisons to blackjack and poker, all three are situations of uncertainty in which your success depends upon you putting the odds in your favor. There are no sure things, outside of cheating (insider trading, collusion with the card dealer, etc), and losses cannot be avoided. Players of markets, blackjack, and … Read more