Trying to outsmart the market has been around just as long as the market itself, and though it rarely works, many people keep trying. Not only are you less likely to outperform the market through market timing, you could further reduce your returns depending on how often you trade.
Reflections
92 posts
Juneteenth, also known as Emancipation Day or Freedom Day, is a day marking the emancipation of enslaved people in the United States. On June 19, 1865, Major General Gordon Granger arrived in Galveston, Texas, to proclaim the freedom of all enslaved individuals.
There is an old saying that stocks take the stairs to the roof but the elevator to the basement. As with many market adages, it's not exactly true, but there is sound behavioral logic behind it.
The US consumer seems more than willing to pay more for their favorite brands, especially if they sell, um, comfort foods. Consider some of the winners that we have seen over recent sessions.
Microsoft's investment in OpenAI and its plan to incorporate GPT-4 into Office 365 has the potential to add tens of billions of dollars in incremental annual revenue.
Developing a strategy and taking control of your financial future can help you avoid the costs of procrastination and achieve your goals.
