Broker Check
Rules and Myths

Rules and Myths

| May 08, 2018
Share |

Today, I am writing to highlight several videos under the Education tab on our website.

The first is a rule I have used frequently over my entire career – The Rule of 72.  Link: The Rule of 72.  It works every time – it’s math!

Next, let’s look at 3 commonly-held beliefs that really should not be held so commonly.  Link:  The Latte Lie and Other Myths.  It seems that part of the mystery about investing that troubles so many is that there are so many “truisms” that ring hollow and lead to unmet expectations.

Lastly (for today), have you ever heard the siren song about staying in (and riding the “roller-coaster”) because if you miss the best 10 days, or the best 25 days, your returns will suffer greatly?  Tis true, but…watch this.  Link: It Was the Best of Times, It Was the Worst of Times.  As you can see, missing the best days can hurt, but missing the worst days can help, even more.  As we have said before, it is math!

Until next time, cheers!

Jim

Share |