Dear Garden State Trust: When the Fed cut interest rates at the end of July, the stock indices fell. I thought lower interest rates were good for stock prices? What’s going on? Should I be worried about my portfolio? —Worried Investor Dear Worried: Two factors seem to have been at work to produce this unexpected…
Month: August 2019
Comparing Apples to… Newer Apples
One of the conventional pieces of investment advice attributed to Peter Lynch is: invest in what you know. The advice may have been paraphrased from his book, Beating the Street, in which he provides a number of principles for investing. Principle #14: “If you like the store, chances are you’ll love the stock”. This observation…