My Comments: Dozens of emails cross my desk daily, some promoting stuff that is clearly not relevant, many with a narrow focus that is largely self-serving, few of them truly informative. Those that come from Scott Minerd and Guggenheim Partners are usually worth paying attention to. They’re not too long, and they seem to have …
Category: Financial Advice
A Stand-in For The Fiduciary Standard?
My Comments: I apologize for continuing to push this issue. But as a fiduciary, I’m bound to give advice that results in what is best for the client, legally, morally and ethically. That Wall Street firms resist this is not in your best interest. Meanwhile, I received an angry call this week from a group …
GOP Lawmaker Hopes To Halt Fiduciary Push
My Comment: This push by the GOP is, in my opinion, more smoke and mirrors from those beholden to the lobbyists from Wall Street. The crux of this issue is that the people who run Wall Street firms do not want their rank and file representatives, the ones who work with people like you and …
Rate Hike Rally
My Comments: Interest rates and where they are going is a relatively hot topic. For those of you with savings accounts and Certificates of Deposit know, the returns you get are anemic at best. But if you need to borrow money for whatever reason, low interest rates are good. Since there is an expectation that …
The Glass Ceiling on Rates
My Comments: I’ve recently shared this chart with you that shows the historical ups and downs on interest rates in this country going back 224 years. They have been trending down since 1981, a long time. Right now they are nearly zero. When this happened in the past, they began an upward climb until they …
When Underperforming the S&P 500 Is a Good Thing
My Comments: I’ve spent time recently with clients talking about our mutual frustration with the performance of their investment portfolios over the past 18 months. They want their accounts to grow aggressively and I want them to grow aggressively, if for no other reason than it makes me look smart. We can argue that the …
Continue reading When Underperforming the S&P 500 Is a Good Thing
The First Sign of an Impending Crash
My Comments: Another in a littany of warnings about pending doom. It gets a little tiresome,doesn’t it? Especially when there are others who swear the signs are there for continued gains. My gut tells me this guy is probably right. By Jeff Clark Thursday, February 12, 2015 Investors have plenty of reasons to be afraid …
Good Company, Bad Stock
My Comments: This post is to remind you that stock market performance and the state of the economy do not follow the same track. From time to time there are close parallels, but they dance to a different drummer. My arguments that the stock market is due for a crash are unrelated to the state …
15 Reasons To Sell Most Stocks Now
My Comments: I’m starting to sound like a broken record. If you are not in a position to profit from a bear market, you need to talk with me. Bert Dohmen, Founder, Dohmen Capital Research Group Jan 15, 2015 The start of the year has been one of the worst ever for the stock market. …
Supply Shock and Awe
My Comments: The driving economic story these days is about the price of oil. That the sudden and dramatic drop will have global repercussions is a given. The challenge for financial planners is how to help clients take advantage of these repercussions. Right now, having a few hundred extra bucks to spend on something else …
Helping Define Your Financial Future 