From my riding buddy, Janet: "What is my purpose in life?" I asked the void. "What if I told you that you fulfilled it when you took an...
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cnesbit
Mar 22, 2022
One thing about the stock market. Everyone has a point of view. Some turn out to be right, some turn out to be wrong. If anyone really had the ability to predict the market with 100% accuracy, that person would be the wealthiest person in the world. History shows us on some days the market will go up, on other days it will go down, and on a few days it will crash. History also says if you are in the market with a diversified portfolio, and don't sell when crashes occur, you'll recover your paper losses within 2-3 years. The people who are usually crucified in the market are those who panic and sell during a crash, invariabl…
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Lucian@going2paris.net
Mar 22, 2022
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What I enjoy about Dalio is that he has studied history and business cycles. That allows him to see patterns in the financial markets — which is what he talks about in the video in part.I appreciated his discussion of quantitative easing. Good to know for the next time to Fed uses that tool.Like Buffett, Dalio encourages us to not to try and time market. Buffett says buy index funds (and Berkshire!). Dalio, I’m not so many words, says use an advisor to help create a diversified portfolio.No doubt we are going to see higher interest rates and a stock market correction. Index funds will likely mitigate the correction which is good news. Hopefully the Fed can guide…
One thing about the stock market. Everyone has a point of view. Some turn out to be right, some turn out to be wrong. If anyone really had the ability to predict the market with 100% accuracy, that person would be the wealthiest person in the world. History shows us on some days the market will go up, on other days it will go down, and on a few days it will crash. History also says if you are in the market with a diversified portfolio, and don't sell when crashes occur, you'll recover your paper losses within 2-3 years. The people who are usually crucified in the market are those who panic and sell during a crash, invariabl…