One of the main problems with investing deals with expectations. Sometimes investors don’t know what to expect while other times, investors have expectations that are way out of line. For example, over the long term, an index of U.S. small stocks has historically had a 12% return (from 1923 to today – past performance is […]

Note this is a “vintage/classic” story that was featured in my old school, hard-copy, paper newsletter from the summer of 2007. It is reprinted (in its original form) and still holds true today. Real estate has gotten a lot of attention lately. On the positive side, real estate benefited from the high returns over the […]