Paul Fain Special to the News Sentinel Published 6:00 AM EST Feb 21, 2019 What does the term “long-term investing” really mean? How long is long-term? One of my favorite clients, Jim, just turned 95 years old. He is sharp as a tack. He is a patient, humble, and gracious man. He is definitely a “long-term” investor. When he was born in 1924, the Dow Jones Industrial Average (Dow) stock index was 96 and included companies such as American Locomotive and the Studebaker Corporation. In New York, Clarence Birdseye perfected the freezing process and opened a frozen seafood company. Meanwhile, Massachusetts Investors Trust became the world's first mutual fund with $50,000 of capital. (Today, there is approximately $24 trillion invested in mutual funds). Jim married in 1956 as the Dow reached 488. His children were born in the 1960s along with the invention of the halogen lamp, soft contact lens, and the first handheld calculator. He remembers the frustration of … [Read more...] about Paul Fain: What does ‘long-term investing’ really mean?
Long term investing
You can get rich quick through day-trading, but it carries significant risk. Phil Town Published 6:00 am CDT, Sunday, August 19, 2018 Photo: Entrepreneur Network Image 1of/1 CaptionClose Image 1 of 1 Photo: Entrepreneur Network Which Is Better, Day-Trading or Investing Long-Term? 1 / 1 Back to Gallery There is more than one way to approach the stock market, and many different schools of thought exist on how best to make money when buying and selling securities. One method that often gets a lot of attention is day-trading. On one hand, day-trading is lauded as the best way to get rich quick. On the other hand, there are countless warnings about the dire risks of day-trading. In this video, Entrepreneur Network partner Phil Town breaks down the differences, benefits and risks of day-trading and long-term … [Read more...] about Which Is Better, Day-Trading or Investing Long-Term?
Sarah Hauer Milwaukee Journal Sentinel Published 2:07 p.m. UTC Aug 1, 2018 Millennials' favorite long-term investment is cash, according to a new survey from Bankrate, but cash isn't an investment. The Bankrate survey asked Americans what the best way to invest money that would not be needed for at least 10 years. Overall, 32 percent of Americans said stocks were the favored investment. Stocks remain the favored long-term investment of Generation X, baby boomers and the silent generation. Then there are the millennials. The favored investment among that demographic: cash. “For investment horizons of longer than 10 years, the stock market is an entirely appropriate investment,” said Greg McBride, Bankrate's chief financial analyst, in a news release. “Cash is not, and especially if you’re not seeking out the most competitive returns.” In the Bankrate survey, 30 percent of millennials said cash was their favorite long-term … [Read more...] about Cash is millennials’ favored long-term investment, but it’s not an investment
Dan Loeb’s $3 billion bet on Nestlé is running into a problem: Activist investing works best on basket cases. Mr. Loeb’s investment firm Third Point published an open letter Sunday accusing the world’s largest food company of a “muddled strategic approach” and calling on its directors to react faster to changing consumer tastes. A new divisional structure based on product category rather than geography would help, Mr. Loeb added.... … [Read more...] about Nestlé Will Test Dan Loeb’s Appetite for Long-Term Investing
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Business by Thomas Heath by Thomas Heath Email the author May 11 Email the author Jeffrey Zients used to talk with his boss, former president Barack Obama, about the benefits of long-term investment, whether in policymaking or in business. (Marvin Joseph/The Washington Post) Jeffrey Zients was the businessman’s businessman in the Obama White House — someone whom corporate leaders felt they could talk to in an administration they often thought was too tough on them. Former President Barack Obama said in an interview that they liked Zients over the president or his inner circle because they considered Zients one of … [Read more...] about Jeff Zients was with Obama for the long haul — and now he’s going long in investing