Archives for April 2016

April 2016 - Page 9 of 28 - Money Morning - Only the News You Can Profit From

One Unbeatable Investing Strategy from... Ty Cobb's Ghost?

Here's a story I think you'll like…

Because the weather is just warming up here in the East, and we're barely three weeks into the 2016 season… it's about baseball.

There's an investor – we'll call him "Phil" – who knows he needs to start putting money away, but he just can't bring himself to start. Phil knows that each year he allows to pass will make it tougher to save for retirement. He knows he's got two young kids who will likely be college-bound in a decade or so. He knows he's got aging parents who will need help. And he knows he's got a "balloon payment" on his house and property.

But Phil just can't shake the specter of the Great Recession – and all the risk it entails. He's afraid of making the wrong decision – of losing money…

…so he just does nothing.

And that really is the wrong decision. But don't worry - Phil's about to see the light...