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Diversification Means Always Having to Say You’re Sorry—and Why You Should Do It Anyway

In his award-winning book, The Laws of Wealth, behavioral psychologist Daniel Crosby explains the psychological pitfalls facing investors, plus he offers practical advice for avoiding those pitfalls
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No Such Thing As “Normal”

By all accounts, 2008 was a most unusual year. The economy and financial system were rocked with abnormal events, and the prices of most financial assets fell sharply. Ever since, many have been eagerly anticipating a time
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The Truth About P/E Ratios

Noted economist and fund manager John Hussman warns we’ve recently arrived at “the most broadly overvalued moment in market history.” Nobel prize-winner Robert Shiller warns “the market is way overpriced.” Yet plenty of
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Would You Abandon A Perfect Investing Strategy?

We read a ton of stuff in our quest to stay on top of the financial/investing world for you. As such, it's fairly rare that we see information presented that has much of a "new/wow" factor to it. But the following is
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Market Probabilities: What the Past Suggests About the Future

Even after the dreadful losses of 2008—and despite numerous past recessions and even a Great Depression—the remarkably resilient U.S. stock market has returned, on average, +11.5% per year since the
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Investors Don’t Experience “Average” Returns

Much of our focus the first six weeks of this year has revolved around financial planning — specifically the MoneyGuidePro® offer recently extended to SMI Premium Members by SMI Advisory Services. The cover article of our
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Beware Party-Tinted Glasses

Investing based on your political beliefs/expectations is a terrible idea. We've touched on this theme a few times since the election, but I continue to see comments and questions that relate to it, so I'm briefly delving
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Dow 20,000

The Dow Jones Industrial Average finally broke through the 20,000 mark this morning, after flirting with that level for over a month. That makes now as good a time as ever to take a closer look at this quirky index, as
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New Year, Same Concerns About This Market

If I had to write everything I think I understand about stock market cycles on an index card, this would be it:
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Is This a Good Market? Please Don’t Ask!

Peter Lynch became an investing legend managing Fidelity’s Magellan Fund during the 1980s, chalking up average gains of +28.5% per year for the entire decade. His 1989 book, One Up on Wall Street, became an instant
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