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Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
Business Insider did a great interview with Jeff Bezos, the CEO of Amazon. You can read the entire transcript. If you scroll down to the bottom, you can watch the 52 minute video. It’s a nice video for anyone interested in Amazon.
The video also had a few nuggets of great advice that can used toward investing.
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Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
So far this year the S&P is up almost 10%. Not everything is rosy inside the S&P 500. The energy sector doesn’t want to play along. Oil stocks are the biggest losers this year. The past week, its dragged the S&P with it. Falling oil prices are the primary reason.
If you own oil companies or anything directly or indirectly associated with oil, those investments are getting crushed. And the list is growing. You can add high yield bonds, solar stocks, and a few countries in the global market. Continue Reading…
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Why is it that every year seems to go by faster than the last one? We have three weeks left before 2015 is here. It’s the perfect time for a review of 2014, find out what worked, what didn’t (hopefully learn from those mistakes), and look forward to 2015.
It’s also a perfect time to remind you there are three weeks left to the year to finish your annual financial review, make any tax changes, put a little extra in your 401k, start thinking about next year’s resolutions – I’ve got three suggestions if you need ideas – all while getting ready for the holidays and before the eggnog starts flowing. Piece of cake.
I’m not immune to the holiday rush either, and the timing is perfect for a review of sorts. Continue Reading…
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Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
Mobility and the internet of things does a great job of breaking down long-standing barriers, for better or worse. Though, a couple of barriers should probably stay up. The Verge recently reported on one such example.
The story about someone, a high school kid no less, who got lucky day trading penny stocks is enough to convince a few people they can do it too. The falling transaction costs of trading is another excuse to try. The fact trading can now be done anywhere with a cell signal makes it more troubling. Continue Reading…
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Why would anyone choose the worst performing countries? We know that chasing the countries with the best returns doesn’t pay off.
Mean reversion is tough on investors who ignore their plan and chase returns.
We make it harder on ourselves by investing with a wandering eye. Markets revert because investors act irrationally, ditch their plans at the worst possible times, and chase performance. These investor mistakes are a big argument for a simple buy and hold strategy which works well over time.
What if you tried a different approach? A contrarian might look at the biggest losers. Continue Reading…
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Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
Over 150 years ago, 1863 to be exact, President Lincoln finally proclaimed Thanksgiving Day a national holiday so we can forego our diet, stuff our face, and watch football with friends and family. Continue Reading…