As Simple As That
We don’t need daily, weekly, monthly, or even annual market forecasts. When it comes to the stock market, you should care about decades.
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
We don’t need daily, weekly, monthly, or even annual market forecasts. When it comes to the stock market, you should care about decades.
Retirement is a balance between short-term low-risk pessimism and long-term high-risk optimism. Sufficient returns, sufficient safety.
A lotto winner chose $1000 per week over a $1M lump sum, and the critics howled. But I don’t think they’re right.
This stuff can be complex. It has nuance. It deserves serious attention. Minor misunderstandings can compound.
I am writing this post for one reason – to debunk a terrible, bullsh** study which concludes that: “The later you retire, the earlier you die.”
Let’s spell out an example of how tax-gain harvesting actually works in practice.