Here’s terrible investment advice, but I’ll bet you’ve heard it frequently. Invest in companies whose products you like.
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The next time your broker recommends you buy an individual stock, just say this: I follow Solin’s Rule. I don’t want to try.
From 1990-2012, economists correctly forecasted only two of 60 recessions that occurred around the world a year in advance.
Over a 15-year period as of December 31, 2018, 49% of actively managed, US based mutual funds went out of business. A 50% failure rate for anything is high.
We all want to live long healthy lives, but what if you run out of money? A competent advisor will tell you about a deferred income annuity.
The stock market isn’t a person. It’s tens of millions of investors all over the world, buying and selling stocks.