Here’s terrible investment advice, but I’ll bet you’ve heard it frequently. Invest in companies whose products you like.
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.