We talk a lot at Mullooly Asset Management about knowing the difference between long-term investing and speculative trading. This week’s episode of the Mullooly Asset Show (linked below) is another perfect example of understanding that important point.
Here’s what I’ve been reading this morning:
- In this week’s video, Tom talks about Hertz stock and why it’s dangerous to speculate on stocks that have crashed. Lower prices doesn’t automatically equal better value. Sometimes those stocks don’t come back.
- As Marc writes, plenty investors experienced their first real decline in stocks a few months ago. Marc shares how he used the downturn to really examine his emotions and create some strategies for how to handle them in the moment.
- The disconnect between what is happening on Main Street and what is happening on Wall Street seems to be growing by the day. This article takes a look at what is happening with the market, and why it seems to be ignoring the current state of the world.
- In this edition of the newsletter, they look at how COVID-19 has driven the digitization of finance, how online brokers compete for Millennial investors, and what kind of impact the pandemic is having on the housing market.