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Hans Please let me be more concise!!! T"e ma#ority o$ Economists are social # S"arone %eit" &nterest rates "ave al'ays been manipulated by central banks! &t is a tale (ic"ael Sc"o$ield T"ere are $e' classic si)ns o$ a top! A pullback can*t be ruled out+ but so SC ,-e)in 'it" a prayer.! T"at*s probably one o$ t"ose & liked t"e most+

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Mike Bell: "Begin with a prayer". Seriously? lol.

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John Bogles 10 Rules of Investing

08/ 8/ 0! !"#8 $% &ullen 'oche 8 comments ( missed this piece on &)* %oney +atch last week and wanted to pass it along in case you did as well. (t lists ,ohn )ogle-s !0 rules of investing . )ogle is truly a living legend so his insights are a great addition to some other .rules lists/ that (-ve compiled below" 1 Remem!er reversion to the mean +hat-s hot today isn-t likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. 0on-t follow the herd. " Time is #our friend$ im%ulse is #our enem# Take advantage of compound interest and don-t be captivated by the siren song of the market. That only seduces you into buying after stocks have soared and selling after they plunge. & Bu# right and hold tight 1nce you set your asset allocation2 stick to it no matter how greedy or scared you become. ' Have realistic e(%ectations 3ou are unlikely to get rich 4uickly. )ogle thinks a 5.# percent annual return for stocks and a 6.# percent annual return for bonds is reasonable in the long7run. ) *orget the needle$ !u# the ha#stac+ )uy the whole market and you can eliminate stock risk2 style risk2 and manager risk. 3our odds of finding the ne8t $pple 9$$P:; are low. , -inimi.e the crou%iers/ ta+e )eating the stock market and the casino are both <ero7sum games2 before costs. 3ou get what you don-t pay for. 0 Theres no esca%ing ris+ (-ve long searched for high returns without risk= despite the many claims that such investments e8ist2 however2 ( haven-t found it. $nd a money market may be the ultimate risk because it will likely lag inflation.

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7ohn /ogle0s 12 Rules of %nvesting = PR+GM+'%C C+P%'+L%.M

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8. Beware of fighting the last war. hat "or$ed in the recent past is not li$ely to "or$ going for"ard. %nvestments that "or$ed "ell in the first mar$et plunge of the century failed misera!ly in the second plunge. 9. Hedgehog beats the fox. Fo&es represent the financial institutions that charge far too much for their artful, complicated advice. 'he hedgehog, "hich "hen threatened simply curls up into an impregna!le spiny !all, represents the inde& fund "ith its (price-less) concept. 10. Stay the course. 'he secret to investing is there is no secret. hen you o"n the entire stoc$ mar$et through a !road stoc$ inde& fund "ith an appropriate allocation to an all !ond-mar$et inde& fund, you have the optimal investment strategy. *iscipline is !est summed up !y staying the course.) +nd a fe" more lists here# , , , , , , , , , , 'imeless investing lessons - %nvesting Rules !y Michael .teinhardt /o! Farrell0s 12 rules 3 Rules !y 4o"ard Mar$s Richard /ernstein0s 12 Guidelines 5 %nvestment Lessons from /ruce /er$o"it6 Guru %nvesting Philosophies 7ames Montier0s 3 immuta!le la"s of investing 'he !est of 7esse Livermore %/*0s 12 rules for success arren /uffett0s rules of investing. Rule 81 9 :ever lose money. Rule 8; 9 :ever forget

+nd never forgets rule 81.

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Cullen Roche
Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services. More Posts - e!site Follo" Me#

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Do%n &ogle-s 10 Eules o /nvesting F 3EAGMA;/H HA3/;AI/6M

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5.

Johnny Evers says: 08/30/2012 at 11:41 AM Would index investing work i every!ody was an index investor" # $ne way to look at t%is is t%roug% t%e &urger 'ing lo(ation strategy. W%ile M()onalds *uts a lot o ti+e and +oney into inding o*ti+al lo(ations, w%at &urger 'ing does is ollow M()onalds around a !uild a(ross t%e street. W%at an index investor does is wat(% w%ere ot%ers *ut t%eir +oney and t%en does t%e sa+e at lower (osts. )on-t get +e wrong . index investing works, !ut you are *iggy!a(king on t%e e orts o ot%ers. # /t-s also wort% not%ing t%at w%at index investing does is narrow your range o out(o+es. 0ou are t%e index. 1ow so+e!ody else +ay !eat you wit% a narrow grou* o sto(ks and so+e!ody else +ay trail you.

2.

Tom Brown says: 08/31/2012 at 2:32 3M 4ere-s anot%er investing idea !ased on varia!le annuity loo*%oles: %tt*://www.*ro*u!li(a.org/arti(le/deat%5takes5a5*oli(y5%ow5a5lawyer5ex*loited5t%e5 ine5*rint 6o !asi(ally t%e or+ula is: 17 8ind so+eone on t%e !rink o deat% t%at agrees to !e an 9annuitant: or a no+inal ee. 27 ;ake 50< o your +oney and invest in =t%roug% t%e annuity7 (ra>y aggressive unds =like t%ose i6%ares unds t%at go u* 4x w%at t%e 6?3 does7. 37 ;ake t%e ot%er %al and invest in (ra>y *essi+isti( unds =again, i6%ares t%at go u* 4x t%e a+ount t%e 6?3 goes @down@7 6it !a(k and relax# as long as your annuitant isn-t long or t%is world, you (an-t loseAA #u%, t%at is until t%e 8&/ indi(ts you# or exa(tly W4A; it-s still not (lear. 6ee+s like t%e guy o!eyed all t%e laws to +eA #o (ourse t%e insuran(e (o+*anies reali>ed t%eir +istake now and %ave (losed t%at *arti(ular loo*%ole, so we-ll %ave to ind anot%er oneA

B.

Andrea Malagoli says: 0C/04/2012 at 1:2C 3M ;%ese *rin(i*les are a !it dates. Do%n &ogle !e(a+e a legend !e(ause %e *ro+oted *assive index investing in t%e +iddle o t%e largest !ull +arket in %istory. 4is ideas %ave !een ailing or a w%ile, and in a(t t%ey %ave !een *art o t%e reason w%y +any *eo*le (a+e into 2008 un*re*ared. ;%e idea t%at t%e long ter+ takes (are o t%ings is a +yt%.

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'ohn Bogle9s $ Rules of In#esting : 7R*G-*TI, ,*7IT*/IS-

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Gold Priced in Different Currencies

Here is a Great Graphic I saw on marketoracle.co.uk, which picked it up from Scott Barber at Thomson Reuters. It depicts the price of gold in a number of different currencies, including the dollar since the start of 2 !. "#er this period, the price of gold has appreciated $!%& in dollar terms. continue reading

Market Indicators

AAII Weekly Sentiment: The Bears Return

Bearish sentiment rose to its highest le#el since 'ul( 2), 2 $2, in the latest **II Sentiment Sur#e(. continue reading

Myth Bustin

Who are the Real !"o# Creators$%

+ric ,antor, the House -a.orit( /eader, stirred up 0uite the contro#ers( on /abor 1a( when he tweeted2 3Toda(, we celebrate those who ha#e taken a risk, worked hard, built a business and earned their own success.4 "f course, /abor 1a( is a celebration of the worker class, not the capitalist class. But his comments sparked 5...6 continue reading

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John Bogles #8 Rules of "nvesting : *R+,-+T". .+*"T+/"0-

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John Templetons Investment Rules

Heres a good list of legendary investor John Templetons investment rules. Barry Ritholtz has more details on each rule at his site (see here), ut the summary is elo!. "ts a nice addition to our gro!ing list of rules and guidelines (see here). #. "nvest for ma$imum total real return %. "nvest & 'ont trade (...) continue reading *R+,-+T". .+*"T+/"01 0u scri e y R00 1 2ollo! us on T!itter 1 tpc3pragcap.com Register a *rofile on *ragcap /og4in to *ragcap 05+R.H6
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