he previously mentioned research finds that an investor with $100,000 in an equity mutual fund has the equivalent of a $2,500 bet on the election already.
Saved by Lucas Kohorst
investors have traditionally had trouble distinguishing between past returns and forecasts of future returns.
Here’s my take: I reckon that stocks are very likely — but by no means certain — to outperform bonds over the next decade or two or three. But as in the past, you will see up years and down years in both markets. The down years in the stock market are the far more dangerous. Bear stock markets, historically, don’t usually last for more than a few y
... See moreSensible buyers will avoid transacting in a market like this one at any price. It is a case of uncertainty trumping risk. You know that you’d need a discount to buy from him—but it’s hard to know how much exactly it ought to be.
The same couple that spends the weekend searching for the best deal on airfares to London buys 500 shares of KLM without having spent five minutes learning about the company.