“When things are going well and prices are high, investors rush to buy, forgetting all prudence. Then when there’s chaos all around and assets are on the bargain counter, they lose all willingness to bear risk and rush to sell. And it will ever be so.” – Howard Marks Stock markets around the globe continue…

“I’ve got all the money I’ll ever need, if I die by four o’clock.” – Henny Youngman Common sense reader mailbag: I would like to increase the percentage of my salary that I put into my 401(k) but I’m nervous with the stock market trading at all-time highs? Should I wait for a pullback in…

Disclaimer: I do not know your risk profile or time horizon as an investor so I cannot possibly gauge your suitability for the investment strategy I am about to discuss. I am simply showing how this can be done for those that determine that they have the time horizon and tolerance to take on the…

“With broad asset classes, we want to take advantage of the mathematics of mean reversion. And so when any asset class runs too far ahead, it automatically gets trimmed back.  And when it falls too much, it automatically gets bought. It just happens “automatically” through math. Look, we know any individual stock can go to zero. But…

“Unless you can watch your stock holdings decline by 50% without becoming panic-stricken, you should not be in the stock market.” – Warren Buffett We have had a really nice run up in stocks since the lows of 2009. Most U.S. stock markets are up well over 100% in that time. It hasn’t been easy…

Source: Dilbert Do you pick the best active mutual funds? The ones that outperform year after year? If you do, you are probably in the minority. That’s not to say that you have a flawed selection process. On the contrary, you could have a wonderful system in place to choose the best funds. It’s just…

“Simplicity is the master key to financial success. When there are multiple solutions to a problem, choose the simplest one.” – John Bogle, Founder of Vanguard One of the most overwhelming parts about the investment process is the fact that there are so many choices that you have to make just to get started. You…

“First I was bullish, then bearish, then brokish.” – Milton Berle Common Sense Reader Mailbag: I completely sold out of the stock market. Now I’m scared I made the wrong decision and I’m going to miss out on future gains. What should I do now? This is a question I’ve heard a lot over the last…

“More money has been lost reaching for yield than at the point of a gun.” – Raymond DeVoe Jr. In his article this week for the Wall Street Journal, Brett Arends goes over some of the dumbest money moves that people routinely make. One of them is reaching for yield. It’s hard to find high…