Every Investor’s Dream
Every investor dreams about finding the next great stock, like a Walmart or a Google. If you are an old school investor like me, you may be thinking about finding a “10-bagger”, as Peter Lynch would call it. Picking just one great stock could change your entire fortune.
Why this Rarely Happens for Most Investors
Why [...]
Well, it was a rough start to 2008.
The new year was ushered in with a big drop in the Dow and a rise in oil prices up near $100 per barrel. Although the first day shouldn’t be taken as a harbinger for the entire year, it wasn’t a welcome nor a pleasant way to start off a new year.
The Underlying Problems
As I [...]
Everyone must have been bad this year, because we didn’t get much of a Santa Claus rally.
The Dow, S&P 500, NASDAQ and Russell 2000 were all off significantly from their October highs. These indexes were up for the year, but the results were mixed. The S&P was up significantly, while the Dow and S&P were up reasonably [...]
Q. What is an instant, sure-fire way to double your money?
A. Fold it in half and put it back in your pocket!
Just Kidding
A. Your 401K plan, with matching employer contribution.
The Simple Math
$1.00 – Dollar You Contribute
$0.25 – Taxes You would have Paid (Roughly)
$0.75 – Amount Missing from your Paycheck
$1.00 – Dollar You Saved
$0.50 – Amount Your Employer Contributes [...]
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