1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7916) 

Ken Fisher for Forbes - 5 Fantastic Stocks for Fretters

June 26, 2013 | About:

As summer’s dog days melt into a daze, please remember that ubiquitous worries usually melt away, too. The fret-about-it list seems most benign now, in my view, but the fret-o-meter still registers within its historic range. Why? Because worrying is human.

Scandals in Obama-nation; China’s tepid growth; Europe’s lingering woes; stocks up too much, too fast; rising long-term rates; when QE ends–or doesn’t! Fill in your own five worries. Then there are the perennial faves: debt, inflation, terrorists, the Middle East, creeping socialism, creeping Obamaism–endless creepyisms.

As 2013 started, the big worry was the fiscal cliff. Then the sequestration. Those are now starting to feel like distant memories.

Worrying is normal, and we have a tough time disciplining our minds to resist it. But in my view it’s pointless. Any reputable doctor will tell you worrying is bad for your health, and that holds true for portfolios as well.

It’s time to recall the late great investor Sir John Templeton’s famous line: “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”

Where are we today? We have one foot planted firmly in skepticism with the other straddling over to optimism. That means we’re about halfway through the bull market–with about four more years to go. Until the fret-o-meter drops further and we get much more optimistic, there is little to worry about.

As I write this the market is taking a tumble over Fed-tightening worries. Bernanke anxiety makes me even more bullish. Here are some fret-free stocks for pure summer enjoyment.

Continue reading here.

Rating: 3.0/5 (4 votes)


Please leave your comment:

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

daftheadersg hk best
henrikLynch inspiret Oct 17
lajor10Low EV/EBITDA
canidPE >50th percentile of INDUSTR
brucexoct 17 user defined screen
AngryQuality Growth cheap
EnjoylifeDad 1
punjanoot2007a academy+joe
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat