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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Summer Rerun

August 24, 2001February 20, 2017

For a little perspective, I thought you might want to be reminded where we were a little more than four years ago, with the Dow at 7,782.

I think most stocks were overpriced then, even though they went way higher, and I think most stocks are overpriced now.

Of course, I’m usually wrong, so you have very little to worry about.

TIPS – AFTERTHOUGHT

John Bakke: ‘An even easier way to get TIPS in your tax-sheltered account is the Vanguard Inflation-Protected Securities Fund.’

☞ Indeed. I should have mentioned that.

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The Bullish Case for Stocks and 20 Specific Recommendations →

Quote of the Day

"There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them."

William Jennings Bryan, 1896

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