It is truly remarkable how fear
and greed dominate markets and
investing, reducing
all-too-familiar boom and bust
patterns to the words of an old
Spanish proverb: "What wise men do
in the beginning, fools do in the
end." Combine lemming-like
behavior with envy and large
amounts of leverage and a recipe
for a disastrous result is fully
intact. The story of the
most recent market sector
overwhelmed by this predictable
pattern - residential real estate
- has been well documented in the
media as of late.
read more...
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Financial Market Review
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FAQs - Why are capital gains and dividends distributed from mutual funds?
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