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It is that time of the year again…
Halloween's over; the skeletons and pirate zombies are back in the attic.
My wife and I are now having animated discussions about just how soon the Christmas Pelican can take up residence in the yard. As always, I shall initially insist on the second week of December and stage a gradual retreat eventually settling on Thanksgiving weekend.
College football is in full swing, and the all-important Army-Navy game is now just weeks away. Once I manage to overlook the absence of baseball, it really is an excellent time of year.
This year, though, there's a fly in the ointment: the markets.
They've gone stark raving bonkers, staging some gut-wrenching declines and breathtaking counter-rallies.
Personally, I don't pay much attention to daily price moves, at least until my numbers tell me it's time to get interested in a particular company.
The truth is, I find the constant "What's the market gonna do next?" questions decidedly un-festive.
In short, all this noise, the ridiculous questions, the endless punditry… it's harshing my autumnal vibe.
I'm guessing you feel the same way, so here's what we're going to do about it…
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of "Max Wealth" and Heatseekers.
Excellent advice—about BOTH the market and alligators!