About three weeks ago I received a call from a reporter/writer for the U.S. New and World Report. She asked me a number of questions regarding my business and my investment philosophy. She said she had looked at my website www.401kplanadvisors.com and found the posts very interesting. We talked for about twenty minutes and finally she told me the article would be published for the online version of the magazine.
After I read the article it was apparent that she read a few of my weekly posts and used the material. The link to the article is below. Please enjoy.
For those of you who have been regular readers of my blog posts you know what I stand for. I believe the markets are efficient, in that, all knowable information is already reflected in the current price. Therefore, trying to predict future stock movements is not a prudent strategy.
This article points out the need for investors to avoid the Wall Street bullies. These bullies continue to lure investors with their ability to ‘beat’ the market. They want you to believe that they have a special talent to find the right stocks to buy, or get into and out of the market at the right time. They will show you the track records of the current ‘hot’ money manager.
All informed investors know that past performance is no indication of future results.
So please take some time and read the article. If you have any questions or comments please send them over.