This week October 28, 2017 on Money For the Rest of Us Plus, we look at two types of forecasting errors for future returns. We address a member's question who is concerned about the 70% of his portfolio he says is languishing in cash and another who is considering stop limit orders. We answer a member's question regarding rental real estate and reducing exchange rate volatility. Finally, we discuss the current environment for master limited partnerships. … [Read more...]
7: Predicting The Economy and the Stock Market – Can It Be Done?
Every investor has three choices. They can ignore the future, predict the future, or react as the future unfolds into the present. In this podcast, we'll take a close look at each of these strategies and what it takes to be successful at each one. You'll learn: The impenetrable wall every investor faces.Why futurists in 1900 thought horses would become extinct.Why it's easier to predict what will not change versus what will.The three ways to invest.How to tell if the … [Read more...]