Today is a day that I’m sure we all remember where we were 19 years ago. It’s remarkable to think it’s been 19 years, but it is most certainly a day that Americans will never forget.
Here’s what I’ve been reading this morning:
‘Market Volatility Teaches Investors That Stocks Go Down, Too’ – The Wall Street Journal
- Unfortunately, many investors have to learn this lesson the hard way. This article outlines a few stories of new investors who have been in over their heads during this brief correction in the market.
‘Most Stocks Suck’ – Michael Batnick – The Irrelevant Investor
- It’s been a tough year in general for individual stocks. As Michael points out in his latest post, almost two thirds of stocks have underperformed the market this year, and some have really underperformed more than others.
‘What Backtests Hide’ – Movement Capital
- Backtests for investments and investment strategies seem to provide clarity for what to expect in the future. This post shows how much these backtests actually miss, and how it can impact investors.
‘The Tax Moves Day Traders Need to Make Now’ – The Wall Street Journal
- It’s been well documented how much day trading activity has spiked in 2020. One thing a lot of these day traders may not be considering though is the tax implications it will have for them next year.