Apparently the cool in thing to do at the moment is (re)read Chapter 8 of Ben Graham's The Intelligent Investor
"The investor and market fluctuations". Yes, sounds appropriate ... and it does contain some notes very worthwhile reading.
But than - Grahams book is written for investors. I'd think the majority of posters here are traders who need to time the market.
On the other hand - his comments on DOW theory (describing how it became ineffective after it has been published) are very relevant as well for traders ... but are we sure they want to know them?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Good job numbers but it seemed it was Powell’s speech that really drove the market’s higher in the USA
They will be pleased he’s ‘listening’ to them
The worlds all happy again
Is it a written mandate for the Federal Reserve to keep asset prices inflated?? Is the Federal Reserve really independent if "the markets" are telling them what to do?
Is it a written mandate for the Federal Reserve to keep asset prices inflated?? Is the Federal Reserve really independent if "the markets" are telling them what to do?
Questions or statements Aaron
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
[QUOTE=Valuegrowth;743129]NZ market outperformed the other markets in 2018.
I know the hard way that NZ outperformed the US in the latter half -- I decided that some international diversity would be good so dripped funds into the Smartshares US 500 (USF) fund -- the one that has declined (including currency changes) about 20% in the 3 months to the year end.
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Originally Posted by couta1
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