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Fund Liquidations: Another Sure Sign of a Bear Market
The Utopia fund family in a dramatic move registered with the SEC to liquidate all of it's mutual funds as of December 22nd, 2008. With a -47% YTD return and only $30 million in assets, the Utopia Growth Fund is a not large enough to survive the larg...
Bear Market Psychology
The most heartbreaking part of this bear market is the untold number of investor's retirement accounts being decimated. I have spoken with dozens of investors with 401(k) and IRAs, and the universal comment I receive is "I refuse to open my statement...
Bear Markets Fall Faster than Bull Markets Rise
As more investors come to grips with the fact that there will be no quick rebound from this bear market, it's time to see where we are. The chart below (of the S&P 500) shows that from the October 2007 highs through November 2008, that all the ga...
It's Not Going to Be That Easy
On Monday many of my friends began asking me if the 11% rise in the Dow Jones meant the market had bottomed. Some even suggested now was the time to get it. I suggested to them that the market was oversold and we were due for a rally. Most importantl...
The Buy and Hold Myth
As the bear market continues to wipe out mutual fund investors I thought now would be good time to revisit the buy and hold fairy tale. This fairy tale has friends of mine continuing to hold their mutual funds as their retirement savings are devastat...
The Real Bear Market
Contrary to most investor's understanding we have been in a bear market since stock prices peaked in March of 2000. The bear market is still in effect because the S&P 500 did not exceed the high from 2000. As the yearly chart of the S&P 500 s...

