Labor Department issues rule to crack down on bad retirement savings advice
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The U.S. Department of Labor headquarters in Washington.Al Drago/Bloomberg
via Getty ImagesThe Biden administration issued a final rule on Tuesday
that cra...
14 minutes ago
CW,
ReplyDeleteIn a philosophical mood this Sunday morning?
无为
Wet morning :-(
DeleteWet morning after a sudden heavy rain. Everyone afraid to do laundry and hanging out clothes to dry. Weather so hot in the afternoon. The weather is something more or less behaves like the stock market. l wonder what will the weatherman says of tomorrow ...
DeleteHa! Ha!
ReplyDeleteNo one can go against the Market. If you do, sooner or later you will be swallowed by the Market.
But then if everyone is selling and i am buying, am i going against the market?
A Paradox isn't it?
Actually, i think (through my observation & experience only) when the Market is selling at even a very low historical Pe, there is very little buying.
Why?
i think most people have used up their reserved money buying earlier or too frightened to buy further.
i was and will always be one of them.