Investors Don’t Need To Change Their Stock Allocation Every Year But They Need To Consider The Possibility Every Year
I am a big believer in market timing. That wasn’t always so. In earlier days, I was a Buy-and-Holder. But … Read more
I am a big believer in market timing. That wasn’t always so. In earlier days, I was a Buy-and-Holder. But … Read more
I wrote here last week about an interview in which Robert Shiller expressed a lack of alarm over today’s stock … Read more
Robert Shiller was recently quoted as saying that he is not alarmed over today’s CAPE value even though “It kind … Read more
There’s a lot of confusion among stock investors today on the subject of market timing. Most think that it doesn’t … Read more
The stock market is nuts. It really is. Prices go up crazy amounts for crazy reasons. And prices go down … Read more
Not all stock gains are real. When price increases push the CAPE value above its fair-value level (17), those price … Read more
I love market timing. I believe that it is the key to long-term success in stock investing. I of course … Read more
Stock investors are emotional. Not a little bit. A lot. Today’s CAPE value is 30. The CAPE value could never … Read more
Sometimes I am in a bookstore and I take a look at the personal finance section. Robert Shiller’s book Irrational … Read more
I believe in market timing. I don’t just believe that it is something that might work now and again. I … Read more
I was once a Buy-and-Holder. I have great respect for my Buy-and-Hold friends, who I find to be smart, hard-working, … Read more
Irrational exuberance is off the charts today. The CAPE value on the day I write these words is “30.” Since … Read more
“Buy-and-Forget” investing is similar in some ways to “Buy-and-Hold” investing. But there are also important differences between the two concepts. … Read more
We have complicated the concept of market timing. We think of it as this difficult, rarely employed, tactical move. For … Read more
The weird thing about Robert Shiller’s Nobel-prize-winning research showing that valuations affect long-term stock returns is that stock prices become … Read more