"If you don't know where you are going, any road will get you there."
- Lewis Carroll
Unless you take a completely passive approach with your investments, it's important to maintain a sense of direction.
This week marks the 10th anniversary of the largest bankruptcy filing in U.S. history. On September 15, 2008, Lehman Brothers filed for Chapter 11.
I’ll never forget the morning it happened. I was an analyst in the Bay Area.
With stocks making all-time highs again, I’m having daily conversations with investors who aren’t sure how to invest their money.
Many ask: Should we put new money to work at these levels, or wait for a pullback?
Others wonder if stocks are in a bubble, which may warrant profit taking.
In a sense, it’s fitting that ‘debt’ is a four-letter word. The debt narrative is resoundingly negative. America (and Americans) have too much of it. The Europeans are still enduring slow growth because of it. Almost all financial planning literature urges readers to get rid of it.
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