Some Common Cents for August 21st 2015

August 24, 2015, by John Norris

untitledaaaaaaaaaaaaaaaaaaI started and stopped this newsletter several times today, as I would write a full paragraph; read it, and then delete it for being, I don’t know, redundant. There is/was no shortage of other similar commentary available on the Internet, so why reinvent the wheel? After each deletion, I would go back to the stock ticker, and get a sick feeling in my stomach. Sure, this job can be fun when the markets are making money; however, it is an absolute nightmare when they aren’t.

With that said, everyone knows the old saws the industry throws about. You know, about the importance of being a long-term investor, and not freaking out when the market freaks out. After all, history suggests a well-diversified portfolio will ultimately recoup any losses you don’t realize. Of course, I have to say something like “past performance is not indicative of future results,” even if the odds say it normally is, at least to a degree…Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.  untitled