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Rumor is that the stock market is off to its worst start ever. Or so I hear from the commentariat stoking the fear quotient again.
If only more people took satisfaction in being able to buy stocks for less than they could two weeks ago, it would be a drastically different market.
A bizarro market. Continue Reading…
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Ben Graham sat before the Committee on Banking and Currency to testify about the stock market.
This was 1955.
The stock market had risen significantly in the past few years. The government wanted to know why. Continue Reading…
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Right before the year ended, the folks at Dividend Reference put together their top 50 dividend articles for 2015, including yours truly (see #12).
I’m dividend agnostic myself, but I certainly understand the draw. It’s hard to turn down a good company, at a great price, that also pays a consistent and growing dividend.
Since I wasn’t posting last week, I thought I’d share it now since it is a great collection worth perusing when you have some free time. Continue Reading…
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Every chart tells a story. Which story depends on what you choose to see. The asset class tables tell stories of best returns, worst returns, or a middle ground that avoids both. Maybe it’s the tale of mean reversion and infinite cycling of markets. Or randomness. Unpredictability. Irrationality.
I’ve explained it before here, here, and here. This time, I’ll hold off till the end because most people will see what they want to see and ignore the rest.
As usual, I’ll point out a few things I see in the tables, along with some other year-end data that was left out. Continue Reading…
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Every year is filled with exciting, scary, stressful, eye-catching, all important headlines that turn out to be nothing special in the end. There were a few this year, but the big one was the recurring theme around the Fed raising rates.
Well, we can finally toss this one in the nothing special pile too because it’s official – a 0.25% fed funds rate hike was announced Wednesday. The Fed dragged out the most telegraphed move of 2015, until December…and the world didn’t end. Continue Reading…
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I plan to do a few things differently next year. Sort of. Nothing drastic, though.
As it stands, the plan is to update the tables – the asset class, sector, etc – with the 2015 full year returns. I’ve already had a few people asking when – so expect it the first week of January.
After that, things are a bit fluid because I haven’t quite figured it all out. Continue Reading…