The Dow Jones Industrial Average (DJIA) turned 120 years old on May 26th. It was launched in 1896, coinciding with other major inventions, such as the first motor truck, the first working escalator, wireless telegraphy, and discoveries like the antibiotic properties of penicillin. DJIA initially started off with 12 companies and then expanded to 30 […]
Ancient Chinese merchants are said to have developed a unique way to reduce their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a good chance of getting through and the shipment could be saved. Your investment portfolio […]
What has upswings and downturns, troughs, peaks, and plateaus? Though such terms could easily describe a roller coaster ride, in fact they are commonly used to refer to something known as the business cycle. The business cycle — also known as the economic cycle — refers to fluctuations in economic activity over several months or […]
“Situational Investing” – the concept is simple at first glance. People know they should invest according to their specific situation, but it not that simple.