“Prepare for the worst; hope for the best,” was always good advice. And here at The Daily Reckoning it is the foundation of our investment approach. We never know what will happen. So, what we want are investments that don’t depend on knowing.
January 9th, 2012 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "investors"
Why is 5,000 a Key Psychological Level?
By the way, is that phrase “key psychological levels” just a load of horse pucky used by analysts and commentators to try and explain things they don’t understand?
April 8th, 2010 | Dan Denning | 2 comments | Continued
Only “Essential” Government Employees Need Report for Duty
We wondered if any of them really were essential. Surely, not the fellows who are watching after the African horned beetle…
February 9th, 2010 | Bill Bonner | 2 comments | Continued
Every Major Bull Market Needs a Major Bear Market
We’ve had our bull market. It took the Dow from under 1,000 to over 14,000 in the space of 26 years. We’ve had a bubble too. The party was a lot of fun for everyone.
February 8th, 2010 | Bill Bonner | 8 comments | Continued
Investors Were Fairly Confident Stocks Would Perform Well ‘Over the Long Run’
Is this a little correction in the long upward climb of stock prices? Is it a pause in humanity’s march to perfection? Or is it a resumption of the bear market that began 2 years ago?
February 1st, 2010 | Bill Bonner | 1 comment | Continued
Aussie Stocks on Tenterhooks and RBA to Decide on Interest Rates Increase
Meanwhile, conflicting data is coming out of the housing market. Imagine that. Data from the Australian Finance Group shows that borrowing fell to a five-year low in December. AFG reported a 19% fall in mortgage activity. It was the lowest figure in any one month since 2005. And according to AFG’s data, first home buyers as a percentage of new mortgages fell by half from the same time last year.
February 1st, 2010 | Dan Denning | 47 comments | Continued
What is Short Selling?
I know short selling sounds complicated, but it isn’t. In fact, there isn’t a lot of difference between short selling and buying shares. If there is one big difference it’s this: when you sell a stock short you are SELLING the stock first and BUYING it second. This is the opposite of a normal share transaction where you are BUYING the stock first and SELLING it second.
January 26th, 2010 | Murray Dawes | 19 comments | Continued
A Simpleton’s Trade: Sell US Stocks and Buy Gold
Only an economist would dare to look 10 years ahead. Only a fool would put money on it. Today, we do both.
January 25th, 2010 | Bill Bonner | 19 comments | Continued
Does the Stock Market Know Something We Don’t?
According to theory, the markets know more than any single investor, analyst or economist. In theory, the markets know everything there is to know.
January 21st, 2010 | Bill Bonner | 1 comment | Continued
GM, Once the World’s Biggest and Most Successful Company
In this weekends’ Washington Post, a columnist wonders what GM executives were thinking when they allowed the best automotive franchise in the world go broke.
January 19th, 2010 | Bill Bonner | 2 comments | Continued
Investors Figure Jobs Picture Will Keep Fed from Raising Rates
The Fed will not raise rates anytime soon. But it takes more than low rates to create a durable boom on Wall Street.
January 14th, 2010 | Bill Bonner | 0 comments | Continued
Don’t Pin Your Hopes on the U.S. Dollar
Here in the States, we can say that the U.S. dollar is cheap. Everything in America seems cheap compared to Australia. Food, beer, movie tickets, petrol, and of course, houses. The cost of living is definitely lower here, at least in this part of the country. But even though it’s had its first monthly rally since June, don’t go pinning your hopes on the U.S. dollar.
December 23rd, 2009 | Dan Denning | 17 comments | Continued
Fred C. Kelly Declares the Crowd is Always Wrong
Kelly wrote this in a little 1930 book titled Why You Win or Lose: the Psychology of Speculation. We’ll see what Kelly meant below.
December 23rd, 2009 | Chris Mayer | 2 comments | Continued
Investors Better Off Investing in Anything but Stocks
The 1990s was the best calendar decade in history for stocks, with an annual gain on average of 17.5%. This decade, by contrast, was the worst calendar decade for stocks going all the way back to the 1820s…
December 22nd, 2009 | Bill Bonner | 5 comments | Continued
Supposed to Believe Investors Can Avoid Calamities of Past by Studying Previous Market Cycles
That is how some of us were able to foresee the dotcom blow-up in ’00…and later, the blow-up in the financial sector in ’08.
December 21st, 2009 | Bill Bonner | 2 comments | Continued
