Market Watch with Tom Waitt

September_21st_2011.mp3 Growth?    Media reports on current popular themes of events and often carries views to extremes overstating the negatives and positives and fails to recognize when a change occurs until well after the fact. Indeed if it's up it's going up and if it's down it's going to fall further. A dangerous assumption when investing. U.S. GDP (Click For Larger Picture) Greed and fear rule when investing and current events are reported in a millisecond all over the world. When investing it is important to realize we have a market of stocks not a stock market. Most mutual funds and exchange traded funds attempt to diversify and aim to match a stock market index rather than dissect the actual growth patterns evident in today's economy. Stock indexes over the last decade have gone nowhere, buy and hold strategies have not worked and most mutual funds have shown negative results as management fees and trailer fees compounded the losses. Media reports have suggested we are alread