One reason to take a long-term approach to investing
Sure, it’s a little dated, but this post on Barry Ritholtz’s The Big Picture has a chart of the rocky week on Wall Street earlier this month that shows why I’m glad real estate indexes typically are measured by the month and not the day (or minute):
The Big Picture: What did you miss if you took this week off?
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September 30th, 2008 at 11:00 am
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
October 3rd, 2008 at 8:08 am
You are right about that. A daily real estate index might be a disaster!
October 3rd, 2008 at 10:31 am
Um…so maybe I was a bit premature:
http://www.altosresearch.com/blog/archives/394-Real-Estate-Market-Case-Shiller-ETFs-almost-here.html