My point is that you should reduce your [daily] anxiety and enjoy your life more! If you're satisfied with your changes, then don't worry so much.
You obviously like to read, how about reading something to lift up your spirits, instead of all the market stuff.
“Simplicity is the ultimate sophistication.”
Beware the ides of September!! The big institutional investors will be back after Labour Day from their summer on the golf course!!
http://www.theglobeandmail.com/globe...rticle4496833/
Why some of the markets have done comparatively well of late, amid so much uncertainty, is anybody's guess but the chickens may soon come home to roost.
Last edited by Belguy; 2012-08-26 at 08:47 PM.
Two thirds of the way through the year and what has the TSX achieved. Through much volatility--up, down, up, down--where have we ended up? As of the end of August, the YTD % change is DOWN 0.05% (down 1.1% over the past week). Effectively, the return of the commodity heavy index has been basically ZERO--nada--nothing!
The more sector diversified S&P 500 Index has done considerably better with a YTD % change of UP 11.85%.
Perhaps this is more evidence that diversifying by sector is better than betting long term on a limited number of sectors. It is also evidence that tilting your portfolio in favour of commodities will potentially increase the volatility which you will experience. It might also be evidence of the advantage of diversifying internationally.
Anyway, September should be a very interesting month for investors. Any bets on where these two indexes will be at the end of the month?
Perhaps the better evidence is the thousands and thousands of data points academics and professionals work through when they have analyzed thoroughly market behaviours and correlations among assets.Originally Posted by Belguy
I would think that a comparison among 2 or 3 international markets beginning since Jan 1, 2012 doesn't actually mean too much.
Unprecedented!!
http://www.theglobeandmail.com/repor...rticle4528610/
Long and protracted:
http://www.theglobeandmail.com/repor...rticle4527910/
This is not a great time to be a retired investor. Even our bond funds aren't saving us. Oh well, maybe things will be different the next time around!!
Last edited by Belguy; 2012-09-09 at 11:25 AM.
Nothing is resolved in Europe. They have kicked the can down the road. They are in a recession with no end in sight.
zylon,
That is the most entertaining thing I've seen on this entire thread. It's not often that you get a politician who actually speaks his mind; refreshing despite the theatrics.
scomac:
Someone called him "the modern day Churchill"
I've posted a couple Youtubes of Farage here and there ... always entertaining.
He had a close call couple years ago.
He was on Capital Account a couple of weeks ago.
Very good interview (about 25 mins. long)
http://rt.com/programs/capital-accou...arage-ukip-us/
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