Have you ever invested in a stock or mutual fund because it was recommended by a friend or relative? Or maybe you read about it on a financial web site or blog. Think about the investment choices you’ve made in your workplace plan. Why did you make those choices? One recent study found that when […]
I had conversations with two investors recently that were very telling. The first conversation was with a guy in his 40s who invests his own money—for a living. That’s what he does. It’s how he provides for his family. It’s very unusual, and probably conjures up images of a day-trader, someone trying to sell positions […]
Since the S&P 500 hit a low of 2,305 on March 16, 2020, the stock market sprang back strong, finishing 2020 with a more than 16% gain. Despite a shaky first month of the new year, it’s still well above its pre-pandemic high of 3,380 on February 10 of last year. Some say we’re in […]
