There’s a general playbook for investing when it comes to the macro-economic business cycle. The cycle includes four stages: Reflation, Recovery, Overheat and Stagflation. You might also hear other terms used to describe each stage but we’ll run with these because Merrill Lynch made this nice chart for us. Within each stage, investment assets tend…
“Safe” Stocks Not Looking So Safe Anymore
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1” -Warren Buffett The most important part of investing is to avoid losses. This is why I so often use this blog to talk about the risks I’m seeing. If you can avoid the landmines and diversify among the rest, you’ll do pretty well. What…