October 26, 2009 –
Although the S&P 500 remains high, we have seen considerable correction in many stocks. This is a pattern that has played itself out previously in the market since the march bottoms and the others times it preceded a move up. [more]
October 24, 2009 –
Dreman's book "Contrarian Investment Strategies: The Next Generation", published in 1998 has a section that quotes Jeremy Siegels "stocks for the long run". [more]
October 15, 2009 –
I am absolutely amazed to report that its recently occured to me that I have some 10 baggers. [more]
October 08, 2009 –
If you bought stocks in 1950 (as far back as yahoo finance data goes) and simply held until today (presuming an index fund had existed then), you would have earned about 7%/year as the S&P rose from 17 to ~1100 (from jan 1950 until jan 2010). Adding in a 3%/year dividend that makes for a 10% return. If you bought stocks in jan 1960 and held until jan 2010 you would have made an average of 6%/year. Adding in a 3% dividend, thatgets us to 9%/year. From 1970 to 2010, 6.5% + 3% = 9.5%. From 1980 to 2010, 8% + 3% = 11%. From 1990, 6% + 3% = 9%. [more]