Kiplinger

When Stocks Are Down, Grab Your Wish List

Like every other investor, I felt sick watching the Dow Jones industrial average lose three-eighths of its value in just 40 days in February and March. But I felt a little thrill as well. I had a list. I could buy stocks I loved at a discount. Or, to put it a little differently, I could now become a partner in some of the best businesses in the world at bargain prices.

Incredibly enough, many investors are resistant to bargains. They think of stocks as different from, say, sweaters. Imagine you have had your eye on a sweater in a store window, but it's just too expensive. A few weeks later, it goes on sale at 10% off, but you wait--not enough of a deal. The next week, it's marked down by another 20%, and you

Stai leggendo un'anteprima, registrati per continuare a leggere.

Altro da Kiplinger

Kiplinger2 min letti
Stock Market Today: Big Tech Bounce Can't Save Dow
Tuesday looked like it would be another nasty day for tech stocks, with the Nasdaq Composite plunging more than 2% in early trading. However, the index pared nearly all of these losses – and made a brief push into positive territory – as bargain hunt
Kiplinger3 min letti
Is Your Financial Planner Acting in Your Best Interest?
The COVID-19 pandemic created financial challenges for people across the world and led to increased demand for professional financial advice. During the height of the pandemic last April, nearly 8 in 10 CFP® professionals (78%) reported an uptick in
Kiplinger3 min letti
Here’s What Couples Need to Know About Merging Finances
Personal finances embody deeply rooted emotional characteristics that shape one’s behavior toward their money. It’s important to remember that when sharing finances with a significant other, it’s not a one-size-fits all kind of deal. Individual emoti