My friends, family, and readers often ask whether they should invest money through a third party.
They talk about “agencies” or “investing companies” who advertise online and on social media with the message:
“Just give us your money, and we will give you X% returns every month.”
Here’s a rule of thumb: If third parties make that type of pitch, RUN as fast as you can.
“Have we ever made an emotional decision?” Warren Buffett asked his long-time business partner and friend, Charlie Munger, at the 2023 Berkshire Hathaway annual shareholder’s meeting. Being emotional with money is common with most people, after all. Munger, as dry as he always is, answered […]
Understanding stock market cycles is essential for any investor. Whether you’re a short-term trader or a long-term investor, it’s important to know how stocks move up and down over time. By recognizing cyclical patterns in the market, you can get better at executing your investing […]
If you sell your stocks now, you’re likely doing so at a loss. In 2022, the S&P 500 closed down nearly 20%, its worst performance in 14 years. The technology index, Nasdaq 100, performed even worse at minus 28% on the year. By the end of […]