Mebane Faber recently tweeted this:
His tweet made me stop and think: how often have stocks, treasuries and gold moved in lockstep?
It’s a truism that the key to a well-diversified, low-risk investment strategy is to own several assets that are not correlated to each other. Investing simultaneously in both equities and bonds is generally a good idea, as one tends to go up when…
ETF INVESTING DURING THE PLAGUE
There’s this old one-liner, “How’s the market doing? Oh, some days are up, and some days are down… You know, just like an avalanche”.
Indeed, 2020 has until now offered the worst of all worlds: first a sugar high, then a crash, then a dead-cat bounce where you feel that you are the cat, unless you have a super-natural feel for market timing (which nobody except for your obnoxiously bragging cousin has).
It reminds you of what Lenin supposedly said: “There are decades when nothing happens, and weeks when decades happen”. One would add to…