Addis Hill logo in blue and green

REPEAT AFTER ME “I Come From a Place of Not Knowing”

SHARE

Lat week, I noticed the following headline on yahoo.com: “Why investors may get a rude awakening: Siegel”.  Yes, this is the same Jeremy Siegel that predicted that the 2008 stock market would be better than 2007, led by financial stocks.  Financial Stocks ended up dropping nearly 70% by the end of 2008!

Are we suggesting that a correction in the market is not likely?  Absolutely not, that is always a possibility!  What we are saying is that nobody knows what is going to happen including a famous author and professor at Penn.

On September 16th , the market ended up jumping over 120 points.  There is a lot of noise out there today – ISIS, FED, Apple, China, Alibabba, Scotland, Atlantic City, Ukraine, and on and on.  It’s great to know what’s going on in the world, but, responding to it by changing you investments around is a sure way to get burned.

Instead, it is OK to admit you come from a place of not knowing and make your decisions around that which you can control – diversify, choose low-cost products, and turn off CNBC!

UP NEXT:

Chip Explains: Securities

Learn all about financial securities like stocks, bonds and ETFs as we provide examples, and dive into the types, regulation, and importance. In 5 minutes you’ll understand financial securities.

Chip Explains: Securities

Learn all about financial securities like stocks, bonds and ETFs as we provide examples, and dive into the types, regulation, and importance. In 5 minutes you’ll understand financial securities.

Read More

STAY INFORMED

Get the latest blog posts conveniently delivered to your email.


By submitting this form, you are consenting to receive marketing emails from: Addis Hill, Inc., 200 W. LANCASTER AVE, WAYNE, PA, 19087, https://addishill.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.