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Many people incorrectly think there is magic to stock gains and losses because they consider only price. Rather, what matters is whether the business creates what’s called shareholder value. If it does, the stock price will eventually follow. Very simple.
The major appeal of trying to catch a falling knives is rooted in anchoring.
I could most easily be classified as a little Lynch, as in Peter Lynch of Magellan fame. His 20 Golden Rules form the basis of my investing philosophy.
Mclowd has the potential to displace BGL and Class with a SMSF accounting platform that is free to both individual Trustees and practitioners.