Two of the best proven investment managers of the past 70 years appear to agree with my view that there are few apparent red flags to concern investors today. While client portfolios are always diversified and always weighted a bit cautious, I believe we are living through an epic era for liquid investments like stocks, bonds, REIT’s and Maser Limited Partnerships. THIS is a good time to build wealth for the future. Here’s what two giants have to say:
09-13-2018, From CNBC, “Jack Bogle reveals the biggest risk of the next financial crisis and why he’s still investing ” by Kathleen Elkins. READ THE ARTICLE
This week marks the 10th anniversary of the collapse of Lehman Brothers and the start of the Great Recession. And some experts say that another financial crisis is inevitable.
As legendary investor Jack Bogle told CNBC’s “Power Lunch” on Wednesday, “There are always blind spots or, as I have said, the fog of the stock market: Nobody really knows what’s going on.”
Thanks to the 2008 crisis, “there are risks that we know,” the founder of The Vanguard Group added, “but there are risks that we don’t know even exist. And that’s the problem. Every crisis is different. Every bear market is different.” READ MORE