Are you dancing in the market with Tina?
Sunday, August 14, 2016 | By Stephen Pounds | Bankrate.com
When weighing whether to stay in the market after the long run-up in stocks or bail for an alternative investment, people are following Tina’s lead at the dance.
In investing shorthand, Tina stands for “there is no alternative.”
“Tina … does not exactly engender confidence for fundamental investors, especially following the rapid rise in the markets over the past 7 years,” says Michael Farr, president of the investment firm, Farr, Miller & Washington.
“But the combination of being the best house in a shady neighborhood and the increased confidence that the Fed won’t be raising interest rates much could still result in gains for stock investors,” Farr said, referring to the Federal Reserve.
Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.