[poorgradstudent]

Buy Low, Sell High

Time to sell!

[poorgradstudent]

Buy Low, Sell High

Time to sell!

[poorgradstudent]

Buy Low, Sell High

Time to sell!

[poorgradstudent]

Chasing past performance is a logical fallacy and can lead to trouble.

For a mutual fund, it’s far better to compare its performance to the market as a whole. While “only” losing 8% when the market is down 10% isn’t exactly exciting, consistently outperforming the market (and not just over say, 6 months) is a good indicator that smart people are managing the fund. Funds with rookie managers and not much history are risky.

If your portfolio is diverse already with a mix of stocks and bonds you shouldn’t have to shift as the wind blows. If you’re making deposits monthly, in a down market you should be buying relatively cheap.

There’s nothing wrong with shifting out of an underperforming fund. And there is a time and place for rebalancing a portfolio. If you were 100% stocks before, now is a great time to fix the fact you were out of balance.

It depends a lot on how much time you want to spend managing your money. For the average person, buying and holding a good fund is the way to go. There are ways to do better, but for most, the time and effort aren’t worth the yields.

[poorgradstudent]

Chasing past performance is a logical fallacy and can lead to trouble.

For a mutual fund, it’s far better to compare its performance to the market as a whole. While “only” losing 8% when the market is down 10% isn’t exactly exciting, consistently outperforming the market (and not just over say, 6 months) is a good indicator that smart people are managing the fund. Funds with rookie managers and not much history are risky.

If your portfolio is diverse already with a mix of stocks and bonds you shouldn’t have to shift as the wind blows. If you’re making deposits monthly, in a down market you should be buying relatively cheap.

There’s nothing wrong with shifting out of an underperforming fund. And there is a time and place for rebalancing a portfolio. If you were 100% stocks before, now is a great time to fix the fact you were out of balance.

It depends a lot on how much time you want to spend managing your money. For the average person, buying and holding a good fund is the way to go. There are ways to do better, but for most, the time and effort aren’t worth the yields.

[poorgradstudent]

Chasing past performance is a logical fallacy and can lead to trouble.

For a mutual fund, it’s far better to compare its performance to the market as a whole. While “only” losing 8% when the market is down 10% isn’t exactly exciting, consistently outperforming the market (and not just over say, 6 months) is a good indicator that smart people are managing the fund. Funds with rookie managers and not much history are risky.

If your portfolio is diverse already with a mix of stocks and bonds you shouldn’t have to shift as the wind blows. If you’re making deposits monthly, in a down market you should be buying relatively cheap.

There’s nothing wrong with shifting out of an underperforming fund. And there is a time and place for rebalancing a portfolio. If you were 100% stocks before, now is a great time to fix the fact you were out of balance.

It depends a lot on how much time you want to spend managing your money. For the average person, buying and holding a good fund is the way to go. There are ways to do better, but for most, the time and effort aren’t worth the yields.

[poorgradstudent]

Chasing past performance is a logical fallacy and can lead to trouble.

For a mutual fund, it’s far better to compare its performance to the market as a whole. While “only” losing 8% when the market is down 10% isn’t exactly exciting, consistently outperforming the market (and not just over say, 6 months) is a good indicator that smart people are managing the fund. Funds with rookie managers and not much history are risky.

If your portfolio is diverse already with a mix of stocks and bonds you shouldn’t have to shift as the wind blows. If you’re making deposits monthly, in a down market you should be buying relatively cheap.

There’s nothing wrong with shifting out of an underperforming fund. And there is a time and place for rebalancing a portfolio. If you were 100% stocks before, now is a great time to fix the fact you were out of balance.

It depends a lot on how much time you want to spend managing your money. For the average person, buying and holding a good fund is the way to go. There are ways to do better, but for most, the time and effort aren’t worth the yields.

[poorgradstudent]

Chasing past performance is a logical fallacy and can lead to trouble.

For a mutual fund, it’s far better to compare its performance to the market as a whole. While “only” losing 8% when the market is down 10% isn’t exactly exciting, consistently outperforming the market (and not just over say, 6 months) is a good indicator that smart people are managing the fund. Funds with rookie managers and not much history are risky.

If your portfolio is diverse already with a mix of stocks and bonds you shouldn’t have to shift as the wind blows. If you’re making deposits monthly, in a down market you should be buying relatively cheap.

There’s nothing wrong with shifting out of an underperforming fund. And there is a time and place for rebalancing a portfolio. If you were 100% stocks before, now is a great time to fix the fact you were out of balance.

It depends a lot on how much time you want to spend managing your money. For the average person, buying and holding a good fund is the way to go. There are ways to do better, but for most, the time and effort aren’t worth the yields.

[poorgradstudent]

While slightly biased, these are all insightful and excellent questions, except perhaps #7 (And to a degree, #5). In particular, I’d really like to hear her (and the rest of the Republican party) address the Stevens issue more directly. Stevens reminds me a lot of San Diego’s own Randy “Duke” Cunningham, who managed to keep getting re-elected in his gerrymandered district despite everyone suspecting for a long time he was a criminal.

I’d like to hear Senator Biden’s response so similar issues, especially regarding Iraq, his position on Presidential pardons, and how he would balance partisan politics and trying to do what is best for the country.

Regarding some of the other comments here: Please be civil and serious or leave the discussion. Barack Obama isn’t a Muslim, and you sound like an idiot implying he is one. Question his experience, his tax policy, his stance on bailouts, how exactly he plans to fix the war, any real issue, not made up smears.

[poorgradstudent]

While slightly biased, these are all insightful and excellent questions, except perhaps #7 (And to a degree, #5). In particular, I’d really like to hear her (and the rest of the Republican party) address the Stevens issue more directly. Stevens reminds me a lot of San Diego’s own Randy “Duke” Cunningham, who managed to keep getting re-elected in his gerrymandered district despite everyone suspecting for a long time he was a criminal.

I’d like to hear Senator Biden’s response so similar issues, especially regarding Iraq, his position on Presidential pardons, and how he would balance partisan politics and trying to do what is best for the country.

Regarding some of the other comments here: Please be civil and serious or leave the discussion. Barack Obama isn’t a Muslim, and you sound like an idiot implying he is one. Question his experience, his tax policy, his stance on bailouts, how exactly he plans to fix the war, any real issue, not made up smears.

[poorgradstudent]

While slightly biased, these are all insightful and excellent questions, except perhaps #7 (And to a degree, #5). In particular, I’d really like to hear her (and the rest of the Republican party) address the Stevens issue more directly. Stevens reminds me a lot of San Diego’s own Randy “Duke” Cunningham, who managed to keep getting re-elected in his gerrymandered district despite everyone suspecting for a long time he was a criminal.

I’d like to hear Senator Biden’s response so similar issues, especially regarding Iraq, his position on Presidential pardons, and how he would balance partisan politics and trying to do what is best for the country.

Regarding some of the other comments here: Please be civil and serious or leave the discussion. Barack Obama isn’t a Muslim, and you sound like an idiot implying he is one. Question his experience, his tax policy, his stance on bailouts, how exactly he plans to fix the war, any real issue, not made up smears.

[poorgradstudent]

While slightly biased, these are all insightful and excellent questions, except perhaps #7 (And to a degree, #5). In particular, I’d really like to hear her (and the rest of the Republican party) address the Stevens issue more directly. Stevens reminds me a lot of San Diego’s own Randy “Duke” Cunningham, who managed to keep getting re-elected in his gerrymandered district despite everyone suspecting for a long time he was a criminal.

I’d like to hear Senator Biden’s response so similar issues, especially regarding Iraq, his position on Presidential pardons, and how he would balance partisan politics and trying to do what is best for the country.

Regarding some of the other comments here: Please be civil and serious or leave the discussion. Barack Obama isn’t a Muslim, and you sound like an idiot implying he is one. Question his experience, his tax policy, his stance on bailouts, how exactly he plans to fix the war, any real issue, not made up smears.

[poorgradstudent]

While slightly biased, these are all insightful and excellent questions, except perhaps #7 (And to a degree, #5). In particular, I’d really like to hear her (and the rest of the Republican party) address the Stevens issue more directly. Stevens reminds me a lot of San Diego’s own Randy “Duke” Cunningham, who managed to keep getting re-elected in his gerrymandered district despite everyone suspecting for a long time he was a criminal.

I’d like to hear Senator Biden’s response so similar issues, especially regarding Iraq, his position on Presidential pardons, and how he would balance partisan politics and trying to do what is best for the country.

Regarding some of the other comments here: Please be civil and serious or leave the discussion. Barack Obama isn’t a Muslim, and you sound like an idiot implying he is one. Question his experience, his tax policy, his stance on bailouts, how exactly he plans to fix the war, any real issue, not made up smears.

[poorgradstudent]

I forget the specifics, but as I recall, mainstream recognition of a Recession and mention in the media is typically an indicator that the worst is over, and a bottom has hit. Basically, I think we’re in a recession now, and we haven’t hit bottom yet; once the media and average american catches on, it will be a sign that things are improving.

I agree that aggressively cutting taxes right now would be fiscally reckless unless accompanied by cuts to defense and social security.

[poorgradstudent]

I forget the specifics, but as I recall, mainstream recognition of a Recession and mention in the media is typically an indicator that the worst is over, and a bottom has hit. Basically, I think we’re in a recession now, and we haven’t hit bottom yet; once the media and average american catches on, it will be a sign that things are improving.

I agree that aggressively cutting taxes right now would be fiscally reckless unless accompanied by cuts to defense and social security.

[Author]

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