Thursday, February 23, 2006

Beware of the "Growth Trap"

Beware of the "Growth Trap": The Future for Investors - Yahoo! Finance

Prof Siegel does a great job in this piece explaining why paying too much for a stock is detrimental to your long term returns. Which stock would you have rather purchased in 1950 - Standard Oil or IBM? The answer may surprise.

Read on...

Scott Dauenhauer, CFP, MSFP