Song: "Born at the Right Time" by Paul Simon Do I really need to comment on how great Paul Simon is? I was obsessed with this song (and the rest of The Rhythm of the Saints album) a few years ago, and it's still one of my favorites. I always say if I can ever write a song as half as good as Paul, I'll be doing very well. Financial: Right Time There are a number of very popular stock market prophets who will gladly tell you when to buy and sell. They have correctly called every recession and market drop - according to them - and will gladly share this prescient information with you...for a price! Because of the prevalence of this type of "advice", I think sometimes it's a little shocking for someone to walk into our office and hear that we don't believe anyone can consistently predict what's going to happen in the financial markets. In fact, our advice is often the opposite - don't try to predict the right time to buy or sell. Instead, ignore the noise, focus on purchasing the right investments for your situation, and hold them for a long time.
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AuthorRussell Hall is a fee-only financial advisor in Orange County, California. Archives
January 2024
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