I’ve posted Entry #32 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called The Three Faces of Wall Street.
Juicy Excerpt: All humans are like Eve. We all have Get Rich Quick within us. That’s our Eve Black side. And we all have the desire for safety within us that is causing many today to swear off stocks forever. That’s the Eve White side of our personalities, a side no more authentic and balanced than the Eve Black side. We need to become Eve Grays, investors willing to take on calculated risks but unwilling to believe in fantasy worlds where one asset class is always best regardless of the price at which it is being offered for sale.
We turned on our Eve Black smile when Wall Street told its pretty lies in the late 1990s. Now some of us are adopting the stern Eve White visage and condemning the ones who showed us a good time back then. Extremes beget extremes. Peace (and wealth) comes with integration of the fun-loving and responsible sides of our investing personalities.