On the last day of every month, I tally my net worth: Everything I own minus everything I owe. For much of the last decade, it’s something I looked forward to because, thanks largely to the stock market, my net worth has swelled nearly every month. What a difference a few weeks makes. If you … Read moreStocks Get Crushed Again: Is the Party Finally Over?
Everybody’s financial situation — age, income, saving rate — is different. But every retiree, early or late, aspiring or actual, has the same, simple investing imperative: We must preserve and grow our purchasing power in real terms in order to finance decades of future consumption. This sounds simple (which it is) and obvious (which it … Read moreWhat we talk about when we talk about risk
Welcome to your “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. Today’s question is about investing in stocks; specifically, how you know when enough is enough and it’s time to sell. I worked as an investment adviser for 10 years and have been investing in stocks for about … Read more2-Minute Money Manager: How Do I Know When It’s Time to Sell My Stocks?