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About the Greek losses
Economists and accountants don’t think about financial losses the same way. When a person buys an asset, such as shares of a company on the stock market, and then sees the price of the shares fall below the purchase price, an accountant will say the loss is not “realized” unless and until the shares are […]
READ MOREChanging Expectations ≠ Changing Allocations
Experienced investors know that returns ebb and flow, and volatility is the name of the game, especially when tilting a portfolio toward stocks. When the stock market is priced higher, you should reduce your return expectations.
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