To build a well-diversified portfolio, an investor has to look beyond any single country’s stock market and take a global approach.
You may have read that well-known stockmarket indices in the US and Europe have reached new highs in recent months. Is a new market high an indication that it is time for investors to cash out?
Without thinking about it, we make a lot of decisions about the world around us based on models that are only approximations of reality.
We tend to regard wealth as financial assets, large houses, and nice cars accumulated through a life of hard work. Yet that is to view wealth in narrow terms; on the very day we are born we are wealthy in terms of our human capital, or in other words, the present value of all the […]
The path to success in many areas of life is paved with continual hard work, intense activity and a day-to-day focus on results. In long-term investment, however, that philosophy is turned upside down.