Investors haven’t been losing money in this stock market, they’ve been losing their minds. They have disconnected with reality and checked into an alternative universe, a land of milk, honey and above-average stock returns. Way above average. According to the latest Global Survey of Individual Investors from Natixis Investment Managers, U.S. retail investors now expect …
Jack is a recent college grad who did some work for me around the yard when he was in high school. I bumped into him the other day and, after a brief talk about his collegiate sports career, the conversation quickly turned to money. He was particularly proud of having bought his first individual stock …
My sixth grade teacher, Mr. Lewis, always said “One reason might make you believe something, but I need three sound judgments to be convinced.” He was teaching us to make intellectual arguments, preparing us for debate – whether with classmates or within our own minds – and hoping the process would give us sound, sensible …
For the first time since I was a little kid, “the half’ is about to be important again. “The half” is something children care about that adults typically ignore. It’s the six months of age that kids include when telling you they are, say, “six and a half years old,” that grown-ups effectively discard the …
The stock market makes the headlines, but nuts-and-bolts spending and savings issues often draw the letters. Here are some recent questions from readers: From Carol in Bellevue, Wash.: Doing some house-cleaning recently, I found an old bank envelope containing some checks that were supposed to be deposited in our bank. They never made it. …
