William (Bill) Patalon III is the Executive Editor and Senior Research Analyst for Money Morning. Before he moved into the investment-research business in December 2005, Bill spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints withGannett Co. Inc., and The Baltimore Sun.
Today Bill is the creator and editor of Private Briefing. With his latest project, he takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish... and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.
To read more about Bill Patalon and his publications visit MoneyMapPress.com.
Here’s a story I think you’ll like…
Because the weather is just warming up here in the East, and we’re barely three weeks into the 2016 season… it’s about baseball.
There’s an investor – we’ll call him “Phil” – who knows he needs to start putting money away, but he just can’t bring himself to start. Phil knows that each year he allows to pass will make it tougher to save for retirement. He knows he’s got two young kids who will likely be college-bound in a decade or so. He knows he’s got aging parents who will need help. And he knows he’s got a “balloon payment” on his house and property.
But Phil just can’t shake the specter of the Great Recession – and all the risk it entails. He’s afraid of making the wrong decision – of losing money…
…so he just does nothing.
And that really is the wrong decision. But don’t worry – Phil’s about to see the light…
Tags: trading strategy
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