Three years on from the bear market low, and markets have roughly doubled in the US. Did you listen to the numbers or the doomsters?
Other sites
US investors have been piling into the market again, just as its indices hit multi-year highs. At least Monevator readers are a bit savvier.
It’s not really fair that Warren Buffett is a genius investor AND a compelling writer about investment. Thank goodness he doesn’t have a blog!
Warren Buffett says that gold has no value, except as something incredibly expensive that you can fondle. (Surely he’s thinking of my ex-wife, etc etc etc.)
A free lecture course from a top university to help you catch up with Charlie Munger. Plus other good reads from around the Web.
Does it make sense to save up for a house instead of getting a mortgage? Maybe not, but one frugal mum in America writes how she did it. Plus more good reads.
One blogger explains why governments are more likely to pay off debts with a healthy dose of inflation than to raise taxes. Plus other good reads from around the Web.
Is a new era dawning for our venerable investment trusts? Plus some other good reads from around the Web.
Are you going to make some resolutions for 2012? Good idea, but will your future self be as committed to sticking with them?
There are plenty of reasons to recommend index funds, beyond just their low fees. Plus other good reading from around the web.
If you’ve ever wondered what a ‘public service admin professional’ makes then The Guardian has just the run through for you. Beware: they may make more than you do!
A great explanation of why the Germans are stuck in the past and threatening their own future, plus some other good reads from around the Web.
Europe stepped to the brink this week, but happily it swerved away from leaping into the abyss. Even I got scared, and I’m a Panglossian permabull by modern standards.
With political posturing in Athens sending boy traders into a tizzy in London and New York, there couldn’t be a better time to ignore your portfolio and reading instead.
Read all about it: Executive pay is soaring, based on little but their ability to capture a great salary from compliant boards and shareholders.