Invest and Hold

“The stock market is presenting you with one of the great buying opportunities of your lifetime – perhaps the greatest. Stop trying to pick the bottom.”

That’s what 41-year market veteran Steve Leuthold, of the Leuthold Group, just told his clients.   In order words,  INVEST, don’t DIVEST!

If you feel that you don’t have either the inclination nor the patience to research and cherry-pick choice stocks,  then why not set aside some funds to invest in index funds?    Remember,  you don’t need to get the timing exactly right.  It’s time to buy for the next decade.  =)

 =======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Advertisements

Warren Buffett says: Today my money and my mouth both say equities

The New York Times has published a very interested Op-Ed article from Berkshire Hathaway’s Warren Buffet in which he declared Buy American.  I Am.  View the article in its entirety by clicking here

He is following this simple rule:  “Be fearful when others are greedy, and be greedy when others are fearful.”   Skittish investors are dumping stock for many sound companies with little consideration for their long-term fundamental business prospects.  Rather than follow the herd, now is the time to hunt for bargains.  “Bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price”.    He could very well be talking about any country in the world.  

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Midweek Reading & Freebies

 Here are some great articles from here and around the world.

FOR FAMILIES

 

  • Anatomy of a Marriage (BusinessWorld)
  • 10 Secrets To Help Your Children Handle This Financial Crisis (iVillage).  Key takeaway:  Reduce stress as a family.  “Whatever happens,  we’re together.  When all is said and done that really is what matters most.”
  • The Next Meltdown: Credit-Card Debt (BusinessWeek)
  • The New Age of Frugality (BusinessWeek):  “I can’t help the economy…I’ve got to help myself”.

FOR INVESTORS

  • Those With a Sense of History May Find It’s Time to Invest (NYTimes).  Key takeaway:  “Investors with a stomach for risk and a long time horizon should consider following Warren Buffet….we will perceive this (time) as being a great value-buying opportunity… the most important securities are being given away”.
  • Wall Street’s Big Bounce: Don’t Start Cheering Yet (Time).  “Wild swings to the upside may feel great, but they’re still wild swings”. 

ABOUT THE CRISIS

  • The Next Meltdown: Credit-Card Debt (BusinessWeek)
  • Poor Countries Face A Different Kind of Crisis (Time).  “In many developing countries, the most urgent crisis is not what is happening in financial markets but what has happened in commodity markets.”

FOR YOU AND ME 

  • Live Frugal, Stop Complaining, and Be Happy (RatherBeShopping).
  • Your Happiness Project:  Don’t Follow the Stock Market too closely (TheHappinessProject)
  • Great Tips For Bargain Christmas Gift Giving (from the Gift Therapist)
  • Strategies to Deal with Unhappy Events (TheHappinessProject)
  • Seth Godin asks Is Effort a Myth? (SethGodin)  “While luck may be more appealing than effort, you don’t get to choose luck. Effort, on the other hand, is totally available, all the time.”

and finally…. 

FREEBIES!!!!

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Warren Buffet Talks Business

Warren Buffett,  often called “The Oracle of Omaha”.  His letters to Berkshire Hathaway sharesholders have become the stuff of legends – compiled into business books and taught at business schools around the country.  If you want to become a better investor, and understand the market as a whole, do get the updated version of The Essays of Warren Buffett: Lessons for Corporate America.   

Here’s a rare 56-minute video of a lecture made at the University of North Carolina.  Do watch it and learn more about his value investing philosophy.

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Today’s economy and YOUR money – what you should know

The recent (near) meltdown in the world’s financial markets have stirred up feelings of uncertainty and quite a great deal of panic.  It is difficult to connect what is happening at the macro level where the gods play to the micro level where we ants scurry.  What is important is to distill the noise down to the bare minimum:  a job which Ramit Sethi did so well (albeit a bit abruptly):

Key takeaway points:  Worry about the REAL risk.  Worry about not saving enough,  overspending on fluff, and not properly diversifying assets.  Don’t place ALL your bets on one “sure” thing.  If it’s only one,  then it definitely is not “sure”.

Now before you panic and unload all your equity investments because of fears the market will tank further,  ask yourself the ff:

1.  Why do you really want to sell?
2.  When do you need the money?

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Saving and Investing: Michael Fischer makes the complex, simpler

I was surfing through youtube the other day and came across the savingandinvesting channel of Michael Fischer.  A former Goldman and Sachs man,  Michael has made financial literacy his personal advocacy and seeks to demystify various financial concepts for the man on the street. 

He writes: 
“This subject is not about greed, short-cuts, opinions or speculation – it is about being informed, and about being rewarded for participating in our financial system in order to provide better lives for ourselves and others that we care about.”

View one video a day and increase your financial knowledge bank.

Other key links:
The Website:  http://www.savingandinvesting.com
The Book:  Saving and Investing: Financial Knowledge and Financial Literacy that Everyone Needs and Deserves to Have!

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Get a Free Copy of 10 Mistakes Every Investor Makes and How to Avoid them

Ryan of In the Money is offering a free copy of his special report: 10 Mistakes Every Investor Makes and How to Avoid Them to all subscribers to his newletter.  Click on this link for more details.

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.