Since half of all investors involved in any securities transaction are wrong, the Monday Morning Program discourages stock-picking and favours buying shares in the American economy, one of the strongest in history. Investors can do that by acquiring an exchange-traded fund that tracks the S&P 500 .
Nevertheless, we should all know about Seeking Alpha. It is an impressive organization even though it is heavily into stock-picking.
One of our members recently recommended a Seeking Alpha article titled Using Index Funds for Diversification. It is by Daniel Price, CFA, and a summary follows:
- Diversification helps investors to navigate fast-changing markets and stay the course to pursue their financial goals.
- Recent stock market volatility has proven why diversification is important and can help reduce risk in portfolios.
- Despite this wild ride, over the last five years, patient investors have been rewarded as U.S. stock indexes have risen over 80%.
From the above, one would think that Seeking Alpha is a Monday Morning member.
With the habits of the Monday Morning Program, luck hardly matters.