My latest post for Alpha Baskets looks at some advice dispensed in Barron’s that was incredibly misguided for just about everyone.
From the post;
Last week, the week of the FOMC announcement, the S&P 500 Index had a very volatile ride to a decline of just 27 basis points. Thinking back to proper asset allocation, a disciplined strategy and a time horizon suitable to their investment objective is there any scenario where financial plan success hinders on that one week?
Please click through to read the entire post.
The first picture is the lifeguard tower at Big Beach.
The next one is the lifeguard rig under a couple of palm trees at Baldwin Beach.
The last one is the record store (remember those?) in Wailuku.