O’Shaughnessy sees big upside, S&P 500 at 900

From a story on Yahoo News. A rising savings rate and an improved housing market, while not completely healed, point to brighter times ahead in the U.S. economy, O’Shaughnessy told Reuters in an interview. “I do think that as all that coalesces, you see a good chance for the S&P 500 (at) 900 out of […]

What do great investors say?

I listen to the Dave Ramsey show everyday – well, as much of it as I can while driving home from work.  Dave is a smart, common sense guy, and he says a ton of stuff that I agree with wholeheartedly.  You will not go wrong if you follow his advice, and I strongly urge […]

Bye-bye to buy and hold

As if the past few years haven’t been proof enough, the recent plunge in stock prices may finally shut up the chorus of buy and hold investing proponents.  I’ve been saying it for a long time, but maybe hitting people in the pocketbook is the only way to make them understand. Buy and hold is […]

Buy and hold is dead

I posted this in a MarketWatch.com comment a bit ago and decided it was worth putting here.  This post was in response to another comment about the importance of having a long term (10 years) time horizon when investing.  I disagreed.  🙂 Here’s the post: So if you put $100,000 into the S&P 500 10 […]

Weird

I had posted an article late Friday night/Saturday regarding the “expert” opinions staying to stay fully invested in the stock market.  I’m not sure what happened to it, but it gives a not found error now. Suffice it to say that all the major sites (CNN, FoxNews, NY Times, Marketwatch, etc) said pretty much the […]