“Help Wanted: Entrepreneur.” You have probably never seen an ad like this, because entrepreneurs are not hired. They hire themselves. God bless entrepreneurs. Without them our world would look much different.
Tag Archives | diversification
“One thing I definitely don’t want in my portfolio is bonds,” a prospective client told me a few weeks ago. “Bonds are boring and don’t give good returns.” Her confidence in her money script that bonds had no place in her portfolio was palpable. However, her understanding of the role bonds play in a portfolio […]
How can I expect a pot pie—a savory pastry with a mixture of potatoes, vegetables, and beef chunks—to taste like a beef pot roast? Even though beef is an ingredient in a pot pie, no reasonable diner would expect the two meals to taste the same. But that same reasonable diner might be perfectly comfortable […]
What would you guess is the hardest investment class for most people to understand? You might think it’s stocks, or a subclass of stocks like those of companies in emerging markets. Or how about real estate investment trusts (REITS) that hold various types of investment real estate. Maybe it’s commodities or complex alternative investments like […]
Most clients I have met with recently show surprise when I tell them the first half of the year was a good one for investors. As one client said, “How is that possible with all the problems in the world?” She ticked off the unrest in the Middle East, ISIS, our strained relations with Russia, […]