In this episode, Mark talks about how only three companies are responsible for half of the DOW's month and a half rally. These three companies on their own can skew performance. There is no middle ground in the investment world: everyone is either all in or all out. He also says that gold is not an investment; it's a currency. People buy gold as a hedging component in their portfolio. Cash is an investment, but for long term, it is not a good investment. It is extremely liquid, but it doesn’t give you anything. The “loss” is really: Return on the investment and the cost of the investment. Cheap is not always best! When it comes to your money, you should go to the best stewards. What is more important to you with your money: is it beating an index or reaching and achieving your financial goals?
December 5, 2016