 
Add to: My AOL,
MyYahoo,
Google,
Bloglines
From AAII: Facing criticism from a colleague over modifications he made in his economic analysis, the famous economist John Maynard Keynes said: "When the facts change, I change my mind. What do you do, sir?" Keynes' question is a relevant one for investors. Unless you are a buy-and-hold-forever investor, you will frequently be faced with the challenge of changing your mind. A decision to buy a stock will eventually and inevitably be followed by a decision to sell the stock. And when you decide to sell, you are effectively changing your mind about the prospects of the investment. Unfortunately, however, changing one's mind is easier said than done. This is particularly true in the world of investments where uncertainty reigns and emotions run high. That combination often leads to poor judgment ...
From SIPC: The Securities Investor Protection Corporation (SIPC) and the China Securities Investor Protection Fund Corporation (SIPF) have entered into a memorandum of understanding (MOU) that will act as a framework for cross-border communication and cooperation with respect to the similar functions undertaken by the groups and covered by the laws of each country. In the U.S., the Securities Investor Protection Corporation (SIPC) maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms. The new SIPC-SIPF MOU lays the groundwork for the two entities to cooperate on projects that would further securities investor protection in both China and the U.S. ...
|
