This article states what I feel, which is that we’re in a long term bear market, but we’ll have years that are good (like 2009 and 2010).
Secular bears end when the excesses that caused the prior bull are extinguished.
I’m not convinced we’ve addressed the excesses yet.
Europe will be big news in the coming years and because of its economic size, it will impact the rest of the world, including the US.
In 2011 I’ll keep you informed.
CLICK FOR FULL ARTICLE – EURO HAS 1 IN 5 CHANGE OF LASTING THE DECADE
Don’t be that person.
I continue to use the VIX as just one of many indicators to upcoming trends and sentiment in the market.
How do other countries fair as a percentage of their GDP?
Luxembourg 2,461
Ireland 872
Switzerland 723
Greece 141
US 82
Want the full list? CLICK FOR FULL ARTICLE
One important lesson in managing a portfolio is:
Take your losses quickly and move on!
We’re all going to make mistakes. The right thing to do is admit it was a mistake, sell the loss, and move on to your next investment.
It’s that simple. It’s what separates the pros from the amateurs.
CLICK FOR FULL ARTICLE – LEARNING TO TAKE SMALL LOSSES QUICKLY