top of page

Investors: Five Ways To Lose Money Without Trying – Forbes

Investors woke up to a surprise on Thursday: jobless claims came in higher than expected and ExxonMobil (XOM) missed earnings by 9 cents a share. Exxon stock declined marginally, down just 1.7%. Then again, pending home sales rose and a has some pundits saying the real estate market has bottomed out. Anyone who has tried buying a piece of property over the last three years (as I have), has heard that one before — the market has bottomed out, rates can’t go any lower. Whatever you say, Charlie.

Apple is going to $1,000. China is heading for a hard landing. Gold will hit $2,000 by year’s end. When it comes to investment “advise”, any one can say any thing.

Jerome Booth, head of research at London-based Ashmore Group, a $50 billion investment company, has something to say. He gave Ashmore clients a list of 10 conservative ways of investing likely to prove sub-optimal over the long term. Conservative investing is not necessarily prudent investing. Conservative can be following the line of least intellectual resistance: doing what others do or what has worked in the past.

 
 
 

Comments


Purposeful Financial and Legacy Planning

Fee-Only Financial Planning

(970) 443-1873

3400 Rosestone Ct, Fort Collins, CO 80525

  • Facebook
  • Twitter
  • LinkedIn

©2020 by Purposeful Financial and Legacy Planning

DISCLAIMER: This website is for informational purposes only and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS OR ANY 'LINKED' WEBSITE.

All domestic and international rights reserved. No part of this website, including text, graphics, et al., may be reproduced or copied in any format, electronic, print, et al., without written consent.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CERTIFIED FINANCIAL PLANNER in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

bottom of page