Friday, January 02, 2015

The only thing certain is uncertainty

Interesting read from Business Insider: "122 Things Everyone Should Know About Investing And The Economy."
The S&P 500 gained 27% in 1998. But just five stocks -- Dell, Lucent, Microsoft, Pfizer, and Wal-Mart -- accounted for more than half the gain. There can be huge concentration even in a diverse portfolio.
Ah, yes, Lucent.  That was a great investment tax write-off.

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