So far we’ve seen that the stock market is a wonderful wealth building tool that goes relentlessly up. Vanguard’s Total Stock Market Index Fund (VTSAX) is the only tool we need to access it. But it is extremely volatile, crashes routinely and most people lose money due to their psychological tendencies. Still, if we toughen up,… [Continue Reading]
Archives for April 2012
Stocks — Part III: Most People Lose Money in the Market
So, here we have this wonderful wealth building tool that relentlessly marches upward but—and this is a major but—boy howdy it’s a wild and unsettling ride. In Part I & Part II I presented to you a very rosy view of the stock market and its wealth building potential. Everything I wrote is true. But,… [Continue Reading]
Stocks — Part II: The Market Always Goes Up
On what was later to be called Black Monday, in 1987, at the end of a very busy day I called my broker. Remember now, this was when we had brokers and before cell phones, personal computers, the internet and online trading. “Hi Bob,” I said cheerfully. “How’s it going.” There was a long silent… [Continue Reading]
Stocks — Part I: There’s a Major Market Crash Coming!!!! and Dr. Lo Can’t Save You.
I’m feeling testy today. I just finished an article in Money Magazine and reading this magazine is, in and of itself, enough to make me testy. This particular piece is an article on page 87 of the March 2012 edition interviewing Dr. Andrew Lo*. Dr. Lo is an economist and finance professor at MIT’s Sloan… [Continue Reading]
You can eat my Vindaloo, mega lottery, Blondie, Noa, Israel Kamakawiwo ‘Ole, art, film and a ride on the Space Shuttle
Elvis and “You can eat my Vindaloo.” If we had ads like these I wouldn’t fast forward thru the commercials. I’d also buy me some New Walkers Poppadums. Bet you can’t watch it just once: http://www.youtube.com/watch?v=QduTLFILORY&sns=em My pal Trish is a whip smart, drop dead gorgeous international entrepreneur. She’s lived and traveled all over the… [Continue Reading]
Where in the world are you?
jlcollinsnh around the world I don’t know too much about this whole blogging process. Since starting last June, I’ve only barely figured out how to write the posts and put them up. But measuring readership and other metrics is still mostly a mystery to me. (I also just got an email from a reader asking… [Continue Reading]
