Volatility of individual stocks is extreme as Nvidia has demonstrated.
Ignoring the Bumps
There’s an important message here about not overreacting during a downturn—it could be a momentary blip in an otherwise upward climb for the markets. In fact, the Russell 3000 had an intrayear decline of at least 10% in 25 out of 45 years since 1979. In 17 of those 25, the index ended up for the year!
Unique New 401(k) Catch-up Rule that Begins in 2025
Roger Federer and Investing
Weighting Whiplash
2024 Q2 Quarterly Market & Portfolio Report
Midyear Review: Stocks Maintain Momentum at Year’s Halfway Point
How long can the bull market endure, and which way will inflation, and interest rates, go? Will the surge for AI-associated companies continue? Will global hostilities in the Middle East and Ukraine ease or increase? Will the US election bring a big November stock swing? (Spoiler: It usually hasn’t.) We’ll find out eventually, by the time the answers are also incorporated in market prices. Until then, 2024—like every year—is a good one for having a long-term plan and sticking with it.
AI Tide May Lift All Boats
Eventually, we may reach a point where, like the internet, it’s hard to fathom a time before broad AI usage. That means investors don’t need a narrow sector fund or concentration in a handful of stocks to capture AI-fueled gains. A broadly diversified portfolio is likely to capture what many view as a sea change event in progress.