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Applied Investing Series: You Gotta Have (Market) Faith
Faith and reason. When it comes to investing in our markets, are they like oil and water? It’s true that reason drives the manner in which we structure portfolios — based on the academic evidence regarding market activity and guided by your personal goals. But in the broader sense, sometimes reason appears to let us down, and it can take faith in our markets alone to stay the course as planned. If blind market faith is occasionally required to stick with a prudent investment strategy, I say, bring it on.
by John A. Frisch, CPA/PFS, CFP on May 20, 2011

