With a extensive variety of products and services comes a wide variety of consumers. Some are new to personal finance and others are seasoned professionals, but most fall somewhere within the middle. When you put all that together, it’s clear that working in finance is difficult.
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Many investors are apprehensive about the near-term path of the stock market. As Buffett has typically reminded us, you need to be fearful when others are greedy, and grasping when others are fearful. Bear markets have at all times been followed by periods of rising inventory costs.