For Most Investors, 2019 Is Shaping Up To Be A Really Bad Year

If you’ve read Jason Zweig’s excellent book, Your Money and Your Brain or his updates in Benjamin Graham’s classic book, The Intelligent Investor, you’ll know how Zweig describes the media’s obsession with a single (minority) side of the investment population.

When it comes to our money, we’re primal. We like to see it rise in value.

But only retirees should want to see their portfolio’s rise in value. I would much prefer to see a crash. Most of the people on this site should prefer that too.

Image by Pixabay

I explain that here

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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2 Responses

  1. Jen says:

    Yes..but what would you be doing if u were 65 or not working due to being unable to find work…and the stock market dropped? Stay calm and carry on ur 4% draw down p.a or would u sell and put some in cash so u did not lose more? Or buy an annuity?

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