Forget the index

Buying shares in the right businesses will help investors avoid being caught in an index that is going nowhere.

PORTFOLIO POINT: Investors should focus on A1 and A2 companies, watch cash flow and ditch them at the first sign of deterioration.

Houston, we have a problem. But it’s not what you think. It isn’t the fact the market has gone nowhere and is volatile. It’s the index itself.


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