According to my calendar, today (Monday 6th March) represents the eighth year of the current recovery and secular bull that started this month in 2009.
We shouldn’t wonder why celebrity analysts who regularly call for market tops, when indexes and values are rising, are worshipped by the investor herd as if they had magical powers. And that’s because they actually do.
I’m always amazed by the number of folks who still don’t understand the basics about money and how to protect it and make it grow. Here’s an example….
I think the more set in your ways of thinking you become, the easier it is to misinterpret what you’re being told. Take the example of the elderly Jewish man who was hit by a car. When the paramedic arrived and asked him, “Are you comfortable?” The man replied, “I make a good living.” Sometimes the way we respond to situations just doesn’t match the circumstances going on around us.