I’ve posted Entry #42 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called Are You Emotionally Invested in Stocks?
Juicy Excerpt: There’s your wife. She doesn’t bother with investing stuff. So when she said that stock prices just seemed too darn high to her — “What goes up must come down,” she would say — you told her she was being silly. You read Money magazine. You read books by John Bogle. You visit web sites that teach you how stocks are always best for the long run and that there is no such thing as a free lunch and that timing never works. What could she possibly know about the subject that you don’t know about it?
So it annoys you to see the case that she was right all along grow stronger and stronger.
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