While marriage, death, and divorce all have very different emotions and connotations associated with them, the one common bond they have is money in motion.
When it comes to money, everyone seems to have an opinion. This overload of information often leads to a medical condition I have aptly labeled “financial paralysis.”
Similar to the Patriots, investors entered the month of December with some positive momentum. Unfortunately that momentum quickly disappeared as the stock market had a historically bad December finishing down over 9% for the month.
Every year there is somebody on one of the talk shows who will say, "Next year is going to be a stock pickers market. You're going to have to be selective." For the 37 years we (Dimensional Fund Advisors) have been in business, it has never turned out to be the case.