Stock Picking - Wise Investing or Fool’s Errand?
Recently, I received an email extolling the virtues and the “secrets” of stock picking and market timing. I simply laughed as I read through the content and then promptly deleted it. The concepts of stock picking and timing markets are actually one of the greatest lies perpetuated by the financial world.
As we all know, 2008 [...]
“A Stunning Lack of Diversification”
PBGC is a federal corporation created by the Employee Retirement Income Security Act of 1974. It currently protects the pensions of nearly 44 million American workers and retirees in more than 29,000 private single-employer and multiemployer defined benefit pension plans. PBGC receives no funds from general tax revenues. Operations are financed by insurance premiums set by Congress [...]
Welcome, 2009
The year 2008 will be one that is hard to forget - at least that’s what many may be thinking now. We have seen some dramatic events take place in the world of finance. We have seen some companies get government “bail outs” while others have been left to go bankrupt. Governments across the globe [...]
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