Better Investor Brain & Black Friday
A new year is soon upon us. Before long the holidays will be packed up and put away. The calendar will cross over to 2016, when we are barely into the habit of dating our checks with 2015. As we approach the holidays I want to share a few things I thought about as it relates to markets, investor returns and a less stressful retirement. Kind of like a pre-holiday gift of thoughts. I may even add in my personal Christmas list. After all it is the time for giving, right?!
Everybody knows what Black Friday is all about. Black Friday is the day after Thanksgiving. Most retailers get into the black by making their biggest profits for the year between that dark day post turkey and gravy, then closing out the end of the year with radical sales. For consumers it can be some of the lowest prices of the year. We wait for those advertisements telling us where and what to save on. We are all familiar with the news stories of people lining up at the doors of department stores in the early morning hours. We see video footage of crowds busting through the doors. Maybe you participate in the frenzied crowds of people that go early, stand in line and wait to sometimes fight over those great bargains.