Random Clippings

A couple of random clips from today’s Globe and Mail.

On stocks:

Buy-and-hold stock investors will be devastated in a crash much worse than the declines of 2008 and early 2009 or the worst years of the Great Depression or the Panic of 1873.

On cars:

Sales of Mercedes-Benz cars were up 13.2 per cent in the year to June as strong demand for the premium brand in China and the United States helped drive growth, parent company Daimler AG said Monday.

Mercedes-Benz sold 113,300 cars worldwide last month, making it the best June performance in its history, Daimler said.

Full disclosure: I’m a buy-and-hold stock investor and I have a Mercedes.

I’m in trouble.

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