I’ve posted Entry #106 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called When Is It Better to Have a $100,000 Portfolio Than a $300,000 Portfolio?
Juicy Excerpt: Please look at that graphic again. It tells an important story. The graphic is telling us something crazy. It is telling us that we are investing in crazy ways and that our crazy investing practices are making the market go so haywire that things can reach a point where a $100,000 portfolio offers the promise of more lasting wealth than a $300,000 portfolio. It doesn’t have to be like this. Sane investing is possible. We all need to begin looking at price when we set our stock allocations. Once we do that, we will make stock investing sane again and $300,000 portfolios will once again be better than $100,000 portfolios.