Too Many Americans are losing their health insurance along with their jobs. One of the many perils of our peculiar method of providing most health insurance (note that insurance is different from health care). Virtually all industrialized nations provide some form of health care to their citizens. The US stands alone. Medicaid may be your…
Day: April 26, 2020
How to survive a bear market
“Investors can survive a bear market the same way hikers survive an encounter with a bear: Remain calm and don’t make sudden moves” as Wall Street Journal writer Jason Zweig advised on April 4-5, 2020. See: Staying safe around bears: https://www.nps.gov/subjects/bears/safety.htm Consider your entire portfolio, including your human capital and Social Security benefits.as Zweig explains:…
How I learned to stop worrying and love the bear market
Spencer Jakab, writing for The Wall Street Journal (3/28-29/20) explains: A surprising share of a new bull market’s returns pile up in its very early stages, when the average investor is at their most fearful “Investor psychology in a major bear market is a mirror image of what it was the past few years: The…
So you think you’re going to time the market and jump in when things look good
Forget about it! The stock market lurches up and down in dramatic gains and losses with no warning!No bell rings at the bottom of the market signaling it’s time to buy!Some recent examples, among the gut wrenching downward drops:March 27, 2020 the Dow Jones Industrial Average jumped 12.8%! in one day!April 9, 2020: the DJIA…