Do You Really Have the Stamina to Be Wealthy?

(from Jason Zweig’s 11/11/2016 Wall Street Journal Intelligent Investor column published every Saturday in The Wall Street JournalClick here for the original post.  Jason is also the best selling author of Your Money and Your Brain.  Follow Jason on Twitter @jasonzweigwsj.)
Everyone knows beating the market is hard. What many investors still don’t seem to realize is that even surviving the market is hard. Of the 525 U.S. stock mutual funds that existed thirty years ago, 223 are still operating today, according to Morningstar; only six are still run by
[read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Learn From My Mistakes

I was in the women’s locker room at my gym, getting ready for work, when the woman from the front desk rushed in.  “Are you Jeannette Jones?” she asked breathlessly, “There’s a police officer out front to see you.”  I grabbed my gym bag and rushed out after her.  My first thought was our son had been seriously hurt in an accident. As I turned the corner to the lobby, I saw my husband talking to the officer, but he looked disappointed, not frantic, so I relaxed a little.  “Both our cars were broken into. … [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

React, then Reflect

On June 23, the United Kingdom voted in favor of what has become famously known as Brexit, a referendum instructing the British government to exit the European Union.  This vote surprised most every poll and odds maker who ventured a guess on the outcome. That day, the Dow Jones Industrial Average* (the Dow) closed before election results were known at 18,011.07. The next day the Dow lost more than 610 points in response to the surprise outcome.  As concern spread over the weekend, the average continued another 260 points lower on Monday, closing at… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Trust but Verify

If you are seeing this – congratulations!  We made it through November 8th and can return to some semblance of normalcy in our news cycles, television ads and Twitter feeds.  Barring a truly horrifying outcome of an electoral college tie, we have a new President.  While I don’t know who that person is as I write this, I can say with some amount of certainty that a good number of you feel pleased, a bunch of you feel appalled and a small number are indifferent. That’s to be expected.  People are built to have… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

The Short Run & The Long Run

(from Seth Godin’s blog dated 5/182016. Click here for the original post.  Seth is the author of 18 books that have been bestsellers around the world. He writes about the post-industrial revolution, the way ideas spread, marketing, quitting, leadership and most of all, changing everything. You might be familiar with his books LinchpinTribesThe Dip and Purple Cow.  Follow him on Twitter @thisissethsblog.)    It’s about scale. Pick a long enough one (or a short enough one) and you can see the edges.
In the short run, there’s
[read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg