Perspectives – June 25th, 2012

June 25, 2012

Markets have a way of scaring even the most patient investor away from a long term strategy.  Investing is more complicated today and requires the average investor to understand more. It doesn’t help that we are psychologically wired to take a greater interest in bad news and there is no end of negative news to read!  But not all news is bad and this article describes some of the good news, how it’s made to be negative.  For example, despite the record first quarter earnings of US S&P 500 companies and compelling valuations of US stocks, markets declined in May.

For article – go here.

“Las Vegas is busy every day, so we know that not everyone is rational.”

Charles Ellis

“People change when they join crowds. They become more credulous and impulsive, anxiously search for a leader, and react to emotions instead of using their intellect. An individual who becomes involved in a group becomes less capable of thinking for himself.”

Alexander Elder

Volatility is not Risk

This is one of those, “If you only read one article on the current investment market, read this one” kind of article.  John Goltermann is a veteran money manager who hasn’t the public profile of Warren Buffet, but should.  He was interviewed and uttered these wisdoms;

The question should not be, ‘where is the risk’ but ‘where is the value?’ There is tremendous value in certain stocks today.

Adverse mar­kets come and go, as do mar­ket liq­uid­ity and con­fi­dence, but it is a uni­ver­sal truth that long-term invest­ments (not spec­u­la­tions) are bet­ter made in adverse mar­kets than in euphoric mar­kets because good val­ues are more per­va­sive. The ques­tion is not when and by how much some­thing might go up, but what the risk is and how much you get paid to take it! And every­thing has risk of some kind, includ­ing cash and CDs; one just needs to pick the risks that are best to take.”

Read more: go here

“The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.”

Warren Buffett

The 20 minute work out

High intensity interval training has been proven to be one of the fastest ways to stay fit – on significantly less time.  But make sure you have the okay of your doctor!

For article – go here

10 Things to give up to be successful (and happy!)

For article – go here.

Personal June 25th, 2012

I completed my first 5km Spartan Sprint on June 3rd with my daughter Sasha.  It was muddy and not as hard as I thought it would be – mostly because there were so many racers, line ups occurred at the obstacles. It was muddy and I did come away with a few scrapes and cuts – and it was a whole lot of fun!

Here is the video for the Spartan Race – go here.

We actually ran this course!

The victors! For pictures, go here.