Stocks Too High? Emotions Will Cost You

You might recently have seen headlines about the NASDAQ. The tech-centric stock market has broken through its previous all-time high, set back in the dot-com days. It soon fell right back under the record, of course, but it is likely to advance more than retreat over the coming weeks, and the headlines will fade. The same thing happened with the Dow and the S&P 500 not long ago. We pay a lot of attention to false positives in the financial media, events that supposedly prove that assets are over...