When you are looking at the markets, always, always remember that you could be wrong. Never get arrogant, and always try to think about what would happen to your portfolio and your life if everything you think will happen goes in the other direction. Thinking about things that way is how you determine your asset allocation. That is…

As the week comes to a close it looks like stocks will have their worst week since 2011. Global stocks have dipped into the negative territory for the year and people might be panic selling. I see that as a very bad move for the typical long-term investor. Is this the beginning of the next…