Salient to Investors: Mitch Tuchman at Rebalance IRA writes: The best strategy for a retirement investor with a 5 to 25 year time horizon in a tax-deferred account uses low-cost index funds allocated across multiple asset classes and re-balanced at least annually. Re-balancing – the discipline to sell assets that
READ MORE... →Salient to Investors: John Bogle writes: While the idea of market timing is simple, many hedge fund managers have tried but precious few have succeeded. Joe Carlen, author of “The Einstein of Money”, said the Benjamin Graham Joint Account – the predecessor to Graham-Newman Corporation – lost 70% from 1929 through
READ MORE... →Salient to Investors: Mitch Tuchman at MarketRiders writes: Google Trends shows people are getting interested in stocks again, and the market rally has unleashed media stories about small investors getting back into equities. Stocks were never safe, nor will be. The bond market implies all kinds of risks that most
READ MORE... →Salient to Investors: Jack Bogle at Vanguard recommends these investing books: The Intelligent Investor by Benjamin Graham, A Random Walk Down Wall Street by Burton G. Malkiel Unconventional Success by David F. Swensen The Four Pillars of Investing by William J. Bernstein Extraordinary Popular Delusions and the Madness of Crowds by Charles
READ MORE... →Salient to Investors: The days of instant rewards from the stock market are over. Larry Fink at Blackrock says be 100% in equities, prefers stocks to bonds. Bill Gross at Pimco says the cult of equities is dead but sees stocks offering double the nominal return of bonds over the next several
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