I left home on Wednesday, and I won’t be back for more than a month. When my son’s daycare offered us the option of enrolling for the month of July, we saw an opportunity to get away from the brutal heat and humidity of summer in New Orleans. We will be visiting friends and family…
Asset Allocation
Watching Paint Dry
Last week, a client pointed out to me that the market is in the same place it was 18 months ago. I nodded my head. Of course, that happens all the time. But each time, we feel the emotional malaise that comes with watching our accounts hover around the same value for a year and…
Diversification Isn’t Sexy
Don’t put all of your eggs in one basket is the oldest adage in investing. Be sure to diversify your risk. Here’s the rub. Diversification isn’t sexy. We will not hit the stock market jackpot by buying the entire market. Market returns are average, and who wants to be average? Hindsight is 20/20, and there…
Diversification Means Saying Sorry
One of the oldest adages in investing is to diversify. “Don’t put all of your eggs in one basket.” On the flip side, being diversified means you always own something that underperforms. I am not the first person to write that “diversification means always having to say you’re sorry”. For more great articles on the…
