Stocks — Part IV: The Big Ugly Event, Deflation and a Bit on Inflation

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]