Since 2019, the stock market is represented by the S&P 500, has nearly doubled. The table below shows how the market has done recently. In 2021 to end of November Over 26% In 2019 31.5% In 2020 18.4% Average stock market returns over the last 200 years 10% (The above figures are not inflation-adjusted. Over […]
First, I want to thank all those who gave gift subscriptions to the Monday Morning program. Consider it yourself. At $12 for an annual membership, the price is right. From one of our members: “I used an investment advisor for over 30 years and did well over the years. But in my few years with […]
The Wall Street Journal recently had an article titled Some Professional Degrees Leave Students With High Debt but Without High Salaries. Professional degree graduates in the United States and Canada often carry a crippling university debt burden. In many countries, most not nearly as wealthy, the taxpayer funds higher education. Those countries quickly get their […]
On Friday, November 12, we asked our members whether they feel that 24/7 stock market trading would be useful. We have previously stated that Wall Street is not your friend. Traders are losers; Wall Street benefits. The present inflationary environment, savers are also losers. We need to invest. The previous link discusses a concise, evidence-based […]
Let me repeat what we frequently state about investing using the Monday morning program. Historically, 1.) over the long term, 2.) properly selected US market index exchange-traded funds, 3.) held in tax-advantaged accounts, 4.) in an appropriate asset allocation, have been the investors best way for growing savings and are likely to remain so for […]
Greetings everyone, Time is valuable and irreplaceable! A sincere thank you to all those who took the time to respond! Below you can see the results of our September 20 survey about members’ debt. How would you describe your debt? I don’t have any. 56.8% It is manageable. 18.9% Given the present low interest rates, […]
A glaring example of unexpected predicting failure is that of Irving Fisher. Regarded by colleagues as one of the greatest American economists ever, he is mainly remembered today for stating just before the Wall Street Crash of 1929, that the stock market had reached “a permanently high plateau”. We are now experiencing the longest bull […]
My father Stefan MD, DDS, used to say that human gullibility is the richest gold mine. Witness permabear Harry Dent’s book sales. All were wrong, yet many had five-star reviews. They helped him become a multimillionaire. In their respected book “This Time Is Different”, Reinhart and Rogoff argue that similar characteristics precede all stock market […]
The foundation of the Monday Morning investment philosophy is based on a modified version of Jonathan Burton’s important article published on Sept. 2, 2010. The article is titled: ‘Nifty 50/50’ portfolio keeps investing simple Low cost, low maintenance, long-term strategy anyone can use It supports Gerald Loeb‘s thoughts on successful investing which we often quote. […]
The Laffer Curve states that up to a certain point, tax revenue rises as tax rates increase. Increasing tax rates past that point results in taxpayers working less or not at all, an increase in tax avoidance and tax evasion and a decrease in tax revenue. Zero percent tax rate equals zero tax revenue; […]