Author Archive for: ‘kstern’

Ensure you don’t run out of money before you run out of breath!

Webpension

Shortly after my great-uncle and great-aunt retired, they came up with what seemed like a foolproof plan. They would take the modest pension that my Uncle Jim had accumulated since emigrating from Scotland, sell their house, and say goodbye to brutal Lake Erie winters forever. As my Aunt Mary told my parents, they intended to spend “the last few years …

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A portfolio is like a bar of soap. The more you touch it the smaller it gets.

Worried

Ken Stern, Aligned Capital Partners Set up a long-term investment plan and stick to it. It’s easy to say and difficult to do. What makes it so hard are the inevitable market extremes, which range from “I can retire today” euphoria to “I hate the stock market” depression. At both ends of the spectrum, it’s hard to see how your …

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Buy Low/Sell high is the secret to successful investing. Buy High – Sell Low? That’s backwards but most have a hard time keeping this discipline.

Ken Stern, Aligned Capital Partners If you think about it, Buy Low, Sell High is the secret to investing.  Logically, it’s tough for anyone to refute that statement.  So why is it so hard to do?  It’s simply because psychology gets in the way.  I’ve said many times that when it comes to money, psychology is more powerful than logic. …

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