Why Buy and Blindly Hold=Danger (by NYUGrad)
From Not Your Advisor Substack
Preface: There are many implications like taxes and estate planning so consult your FIA and accountant. I am not your advisor!
If you are 21 years old, 28, even early 30s, you have time to repair a wrecked portfolio that lived through 1987, 2008, and the pandemic crash. They all recovered and soared past their respective peak to trough.
But not everyone has that time. So this is a cautionary tale for those who are at a point in life where time feels like it’s getting faster, healthcare costs are rising with age, and timing is important.
Below are examples when Diamond Hands would have been crushing.
(more…)Start Spreading the News……
An Unnecessary Erection
I had never heard about the Legends Tower, but having read a bit about it, I must say something…………
(more…)New Android App Ready!
Well, that took some doing, but our Google Android App is on the Google Play Store! Please download it to your Android device by going to this link. I look forward to hearing how it goes, because I think you’ll find this to be much improved. Oh, and a favor to ask, please. This is a new product, so it has NO REVIEWS. If you’re so inclined, could you kick it a 5-star? Thank you!