The Math of Losing
It has been said that the three most important rules of investing are: Don’t lose your money! Don’t lose your money! Don’t lose your money! The reason this is so important can be seen in the math of losing:
Time to Sell High?
Anyone watching the real estate market knows that it has been red hot for the past few years. Some would call the real estate market crazy, and some have likened it to the technology bubble of the late 1990’s. Locally, I know a lot of people are involved. I gained a unique perspective on real estate in 1985, when I lost a million dollars in the
All Time Highs?
All time highs for the stock or bond markets? Well, perhaps if you had been invested with me since 1999 or 2000 you would have seen all time highs because of our dodging losses in the rough years of 2000-2002. This is true even after deduction of all fees and expenses. However, those investors who still cling to the “buy-and-hold-is-the-best-way to-invest” slogan pushed by Wall Street