Happy New Year folks! As 2016 comes in, the investing world pops up a massive set of investment ideas, thoughts on what you should do, and why you need to keep investing, or why you will lose money if the US fed increases rates while inflationary expectations seem anchored below their lower bounds, whatever that means. I will not give you such advice today. (Tomorrow’s a different story). I have no business giving you such advice, since I have no idea what each reader’s individual situation is, and anyone who doesn’t care to ask you enough questions before giving you advise is either giving you a polite brush off, or is being damaging. Many people will tell you stuff for free this year, and stuff that’s incredibly detailed like: Buy X stock with stop loss of Y, or that stock ABC will be a multibagger. Or that you should buy an index, because some smart fellow in the US wrote that indexes are awesome because costs matter and ETFs have lower fees.… (Read On…)
[via Capital Mind]
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