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Reinvestment accounts for about half the market's long-term return. But it doesn't make sense to mindlessly reinvest dividends when stocks are trading at absurd valuations. So some flexibility--and a few rules--can give you the best of both worlds: reinvestment plus the cash to use as you see fit. Read More

For all those investors out there still holding onto to shares of overvalued momentum stocks, it’s time to get serious about how much downside risk you’re willing to take, and how much cash flow you will need from your investments to make ends meet. Read More

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