Market Turbulence

The Problem with Those “Average Returns”

An old joke says that if you keep one foot on a hot stove and your other foot in an ice bucket, on average you should be comfortable. That line always makes me smile. It underscores a reality in the world of markets and investing—averages can be both mathematically accurate and experientially awful.  Case in …

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Do These 3 Things When the Market is Soaring

The stock market is at an all-time high. Which is great, right? Your 401(k) has never been higher, and you’ve never been richer! But wait. “What goes up must come down,” right? If the market is soaring now, is a dip—or a crash—just ahead?  It’s a dilemma: Should we be content or concerned? Should we …

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