Don Cassidy
Don Cassidy
against buy closed hold interest investing kinds lots matched nicely rates somewhat structure watch
There are lots of different kinds of investing nicely matched against the structure of a closed end fund, that are not matched through other things. But this is not something you necessarily buy and hold forever. You've got to watch interest rates ... and be somewhat involved. But do you need to be an expert? No.
millions rather united
We see him as one more young man, like thousands, like millions who rather come live in the United States.
investors less sign
The smaller, the better was the watchword in the first quarter. It's a sign that investors are less risk-averse than they have been in a long time.
allow believe easier funds guess investment month mutual pay problem security social whether
They always say pay yourself first, whether in mutual funds or in the bank, because if you pay yourself last, guess what? At the end of the month there's nothing left. Find some kind of investment you can live with so you can allow yourself to do it. Whether you believe Social Security will be there for you or not, it's still not going to be enough. And more is a much easier problem to have.
comfort five good increasing markets months people six
Five or six months of good markets give people increasing comfort and courage.
apartment building buildings either estate office owning people ride understand
People understand real estate because they either own it or live in it. You ride by those apartment building or those office buildings with a plaque from your REIT and say, 'I own those.' It's kind of like owning McDonald's.
confidence domestic economy estate expect fact flowing funds gold good interest market money people rates rather recent stock success vote
The success of gold and real estate funds indicates people expect inflation, which is probably not good for the economy and the market because interest rates will rise. And the fact that three-quarters of recent new money has been flowing into world funds, rather than domestic funds, is not a vote of confidence for the U.S. stock market.
care favorite figure gets good money news nobody perfect start team watching winning
Do what you have to do to figure it out. You're never going to be perfect at this, but nobody is going to care about your money as much as you. The good news is, once you start winning the battle, it gets to be fun. It's like watching your favorite team win.
insular
You can be too insular in your thinking. It could backfire big time.
game investors japan looked onto played worldwide
When investors worldwide looked for a new game that hadn't been played in a while, they latched onto Japan in a big way.
capital due funds gains money people taxes
People will feel they did not make a lot of money (this year), and yet they may well see some significant capital gains taxes due on their funds holdings.
advice ask buyer financial force good investor lean number rely
Number one, long term, they will be a no-load buyer and a more cost-conscious investor and not lean so heavily on the advice of financial professionals. And two, it will force them to do a little self-educating, which is always a good thing. At the very least, if they are going to rely on someone else, they can ask intelligent questions.
afraid buy fun rates threat time
Like anything else, the time to buy them is when they look the scariest. When they've been going down, when rates have been rising, and you're afraid and there's the threat of recession. ... And if it's been fun for a while, you better think about getting out.
everybody funds start
We and just about everybody else thought that large-cap funds would start to take over in the first quarter, but it didn't happen.