Happy Halloween
Here’s something truly scary…
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Keep It Simple Stupid In my previous post about asset allocation I talked about how important it is to have a diverse mix of investments that match your risk tolerance and time horizon. I also explained that it is necessary to shift this mix of investments into less risky assets as you get closer to retirement. For [...] Okay… Just kidding about the water-powered Beetle… but if you had seen the increase in Volkswagen’s shares today you would have probably believed me. The real reason for the dramatic rise in VW shares today was an enormous short squeeze. Today’s short squeeze on VW sent the German auto-maker’s shares skyrocketing over 90%. To put [...] Cramer’s Panic Cramer On October 6th Jim Cramer the host of CNBC’s “Mad Money” appeared on The Today Show and told investors, “Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe you should risk those assets in the stock [...] In a New York Time’s Op-Ed article published last Friday, Warren Buffet wrote, “I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking [...] With the stock market plunging nearly 40% this year, investors of all ages and experience levels are throwing in the towel and giving up on investing. As I watch CNBC and other news channels everyday, I hear news broadcasters making claims that this is, “The worst crisis since The Great Depression”. Whenever I hear them [...] |
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Some Friday Humor: Chuck Norris Style…
You know those Chuck Norris jokes? The ones like, “Chuck Norris’ tears cure cancer…too bad he never cries.”
Well a new list of them have been circulating around inbox’s across Wall Street (or what’s left of it). Below you’ll find some of my favorites from the list…
Chuck Norris has killed black swans with his bare hands.
Chuck [...]