On the road to riches and diamond rings…

…real traders see real swings. Historically speaking, a portfolio comprised of all US stocks is the surest way to build wealth. Unfortunately, this portfolio carries with it the highest volatility imaginable and is almost impossible for most people to maintain. There have been zero rolling 20-year periods between 1926 and 2013 during which stocks have…

Wrong question.

The big article leading off the New York Times Business section today entitled: Investors’ Quandary: Get In Now? with the opening line: “So is it too late for investors to join the party?” All your favorite market gurus are in the piece – Birinyi, Arnott, Wein, Rosenberg etc. It’s all so embarrassing. Everyone has an…

33 Times, You Poor Dumb Bastards

I’m going to say this here and now for posterity and I hope you bookmark it: There’s going to be such a brutal bond investor slaughter at some point over the next decade that the streets of Boston’s mutual fund district will run red with blood, the skies will be shot through with the lightning…

Jeff Hirsch on Stock Market Cycles

The Stock Trader’s Almanac editor Jeff Hirsch did an interview with Investors Business Daily this week. He’s out with a new book ‘The Little Book of Stock Market Cycles” and he gave IBD readers a bit of background on his (and his father’s) life’s work: IBD: What are the stock market cycles and what stage…