Stocks NOT To Buy Now Of all the silly information regularly offered to investors, the most useless and omnipresent is typically phrased as “10 Stocks to Buy Now” . The latest to come across my desk is from Barron’s , the well-respected (in some quarters) Dow Jones financial weekly that is a sister publication of The Wall Street Journal . The article, in the December 21 st issue, was entitled “10 Timely Stock Picks For 2021.” Just in case readers got too excited about the list of stocks provided, the article let them know the 10 picks they anointed in December 2019 returned an average of 11%. In most years, that would be been considered an OK return, but over the same period the S&P 500 index returned 18%. Barron’s response to the shortfall: Who could have predicted 2020? The reality is that no one can predict the returns for any year. Indeed, any and all efforts to forecast the short-term future for the investment markets are futile. Here’s an excerpt fro
Investment and economic observations by N. Russell Wayne, CFP, MBA. Mr. Wayne is the president of Sound Asset Management, inc. and former Managing Editor of The Value Line Investment Survey.