wimcowie
William Cowie
wimcowie
Apr 9 2015
9

You're absolutely right — most brokers are honest and add value. But when you're cold off the street, how can you tell if your broker is or isn't? That's what the post is all about. That, and that you, investor have to understand the broker has to earn a living, and the money for that is coming from you, one way or Read more

Mar 19 2015
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Right - they say this or that number, but always leave themselves some wiggle room. The value of the numbers is we can track them as they get published and get a good feel for what the Fed is going to do to us before they do it.

Mar 19 2015
1

Good comment. I didn't say it was all bad. I said, like fire, it can kill. The less you have, the safer you are. The reality is that just as there are too many overweight people, there are too many "over-debt" people. Read more

Mar 18 2015
5

I have a neighbor who's 67. All his life he had an average job, and along the way he was laid off a time or two. Despite that, he's a millionaire now, because he followed those 4 pillars. Just saying...

Mar 17 2015
2

Great post, Kristin! Thanks for sharing. Nobody cares about your money like you do. No matter what "experts" may say in their ads, they are more interested in their own money than your wealth.

Mar 12 2015
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Problem with that is there are different ways different people look at stocks, and everyone believes their way is the right one. I have a way which works for me, mainly keeping me from losing money on hyped, but iffy, companies. But I can't tell you it's "the way." If anybody can, it would be Warren Buffett. You can Read more

Mar 12 2015
2

That's what more and more people are doing. The difference is they do what they like doing, and isn't that what retirement is, anyway? Good for you!

Mar 12 2015
1

Right. But then again, that was at a time when interest rates had numbers to the left of the decimal point :) If you read the CAPE/POPE post referred to at the end of the article, you'll see a chart tracking "average" PE levels with interest rates. Conclusion: there is no "average." It keeps moving in response to Read more

Mar 12 2015
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Low interest rates are but one of many factors investors use to assign a PE ratio to individual stocks and/or the market as a whole. A significant one, to be sure, but by no means the only one. Read more

Mar 11 2015
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When stocks are cheap I buy as much as I can get my grubby little hands on.

Mar 11 2015
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True. Whenever that correction comes, the key is not bail but to keep investing.

Mar 11 2015
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Right. Because earnings fell. Those who claim the market is overvalued today use that, though. If you read the post linked to toward the end of this post you'll see that the plain old PE has been helpful in a little way, but not overwhelmingly. Read more