Inflation? Not where investment fees are concerned
This year’s crazy market swings prove once again how little control we have over our investments.
Stocks are down about 20% from their peak early this year, and along the way they’ve zoomed erratically in every direction. A seemingly solid gain for stocks on Wall Street in the morning can quickly give way to losses in the afternoon, for example, while the S&P 500 has followed up 10 losing weeks in 11 with a series of flip flops.
