If you are ever unfortunate enough to find yourself in a karaoke bar with me, you might hear me attempt to “sing” a hideous version of the Bon Jovi classic “Livin’ On a Prayer.”
Wall Street Steward Blog
I have spoken to several clients recently that have said something to the effect of “I am scared of losing money in stocks…I want to move into bonds because they are safer.”
Recently we have experienced a market of extremes. In 2012, finding a middle ground, or Meeting in the Middle, is going to be key for growth in the markets and economy. Consumer sentiment, business leaders, policymakers and geopolitics are going to have significant impact on the investment environment. We believe that:
There are two types of people in the financial business: those who don’t know and those who don’t know that they don’t know. After 17 years in this industry, this statement makes even more sense to me today than it did initially. In my opinion, it is useless to forecast what the economy/stock market might do because nobody has shown the ability to accurately do so.
Have you ever had a houseguest that immediately “wore out his welcome?” You know the one…as in the one you want to leave as soon as possible. No matter how short their length of stay, it is still too long in your book.