KIM: When planning finances, balance wants and needs
I think our educational system needs to do a much better job of equipping students to make wise financial decisions.
Mickey Kim
Articles
KIM: European debt crisis is deja vu all over again
The European debt crisis has reignited and quickly heated to a full boil. Stock markets across the globe have been slammed.
KIM: Talk to your spouse early about money, big issues
Do you and your spouse (or significant other) share exactly the same opinion on financial matters, such as spending, saving, borrowing and investing? If so, you’re in a very small minority of couples.
KIM: Should investors ‘friend’ Facebook’s massive IPO?
At the top end of the predicted range of $28 to $35 per share, Facebook would raise up to $13.6 billion and sport a market value just shy of $100 billion.
KIM: Is Apple trading at $600 investor iNsanity?
At a recent price of $600 per share, Apple boasts a market value just shy of $560 billion, making it by far the most valuable company on the planet.
KIM: Don’t let your fear, greed push you to ‘behavior gap’
While we clearly can’t control the economy or the markets, our behavior is up to us.
KIM: ‘Price is what you pay; value is what you get’
It is impossible to make an intelligent assessment of the investment merit of an asset without accounting for its price.
KIM: Is No. 1 NFL draft pick a franchise fix or fool’s gold?
“Scorecasting” authors say teams consistently place excessive value on high draft picks and routinely overpay, in terms of current and future picks, to move up the draft order.
KIM: Buffett says stocks far safer now than bonds or gold
I eagerly await the pearls of investing wisdom in Warren Buffett's annual letter to Berkshire Hathaway Inc. shareholders. His 2011 missive did not disappoint.
KIM: Every investor needs an ‘overnight test’
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
KIM: Markets start strong in ’12, but be ready to ‘tie a knot’
Franklin D. Roosevelt famously said, “When you get to the end of your rope, tie a knot and hang on.” Investors who heeded that advice during the scary decline last August and September have been rewarded.
KIM: Investors should discard herd mentality and go for it
Don’t let conventional decision-making reduce your chances of winning the investment “game.”
KIM: Predictions often worthless, but take a look at these
There are some highly experienced and skilled investors who make unconventional predictions I think are worth paying attention to.
KIM: Here’s timeless advice that will serve you well
Every once in a while I come across timeless advice like Davis Advisors’ “The Wisdom of Great Investors: Insights from Some of History’s Greatest Investment Minds.”
KIM: When credit evaporates, cash is king … so save some
Like many, I eagerly await the publication of Berkshire Hathaway’s annual reports, which always contain timeless lessons from Warren Buffett.
KIM: Even money market funds can be risky for investors
Unlike bank deposits or CDs, investments in money market funds are not guaranteed.
KIM: Tax credit gives Hoosiers edge in saving for college
There may be a $5 or $1,000 bill lying on the sidewalk, but it’s up to you to pick it up.
KIM: For long-term investment treats, don’t be tricked
Don’t let the excitement and envy of somebody else’s hitting an improbable jackpot blind you to the cold, hard, mathematical probabilities of long-term investment success.
KIM: Tumble in third quarter spurred by investor panic
Sentiment has been crushed. Some investors have lost faith, thrown in the towel, and abandoned the stock market.
KIM: The U.S. recession, through the looking glass
There is an unconventional school of thought that says the recent Great Recession was … a balance-sheet recession.