Monthly Archives: September 2022

Catching a falling knife

When buying the dip doesn’t work this time. Often when the stock market sells off aggressively in a day or two, it’s because traders have overreacted. Stocks typically re-adjust soon after with a bounce. This pattern had been the norm for decades. But 2022 is special. Maybe this time really is different. Here’s how the S&P 500 index… Read More »

The unintended victims of higher interest rates

Who does higher interest rates hurt the most? The obvious answer is people who have variable rate mortgages. But there’s a group of people that are even more at risk, and are hurting more from the impact of higher interest rates. They are renters. Why renters? Because as the cost to borrow becomes more expensive, would-be buyers who… Read More »

Teachings from John C. Bogle

John C. “Jack” Bogle was an investor and philanthropist who founded the Vanguard Group and pioneered index investing. Vanguard has become one of the largest investment management companies in the world with about $7 trillion of assets under management. Bogle built Vanguard as essentially a non-profit organization because it is owned by the investors in its funds. Credited… Read More »