My Comments: Mutual funds have been around for about 100 years. Some genius decided to create a new investment model, a stand alone investment. With one investment you now could own shares of hundreds of stocks, in smaller amounts. And the rest is history. Today there are more funds to choose from than you can …
Category: Investing Money
A 34-Year Tailwind For Stock Market Returns Has Run Out Of Steam
My Comments: Many in my profession have been waiting for a market correction of significance for at least the past 18 months. Obviously it hasn’t happened yet, but unless you expect the sun to rise in the west, it will happen, and probably sooner rather than later. More and more commentary surfaces every day that …
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The Next Bear Market Will Be Ruthless
My Comments: This might put you to sleep. Or the next bear market might cause you to leap from a tall building. You choose. If you have money invested in the markets, and your time horizon for a full recovery is limited, you should read this to the end. by Eric Parnell, CFA, June …
How Much Stock Should You Have in Your Retirement Accounts?
My Comments: This question has been asked every years for the almost 30 years that I’ve called myself a financial professional. Unfortunately, there is no best answer. Human nature, in the form of doubts, confidence, expectations, past experience, impatience, timing and fear, all conspire to force our hand when attempting to make intelligent decisions. Good …
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Five Truths Every Investor Needs to Know: #1
My Comments: This is the first of five “truths” that appear in a brochure published recently by Invesco, a global wealth management company with offices in over 20 countries, serving clients in more than 150 countries. As you consider your wealth, or lack of it, these ideas may serve to keep you grounded and making …
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Top 10 Phrases from Bank Lobbyists and their Translation
My Comments: On April 6, 2016, rules were introduced into the US financial system that will cause more of us to treat our clients better. At least that’s the plan. Wall Street firms have been resisting this change for years, and while the following Top 10 Reasons Why are tongue in cheek, there’s a whole …
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A Chilling Message About The Stock Market
My Comments: This is about something called an IPO. For the uninitiated, this is an Initial Public Offering. It’s when a company, new or old, attempts to raise capital by offering shares representing an ownership interest to the general public. It’s like a giant, global auction. It's not the final bid that determines how much …
Why You’ll Need to Own More Stocks After You Retire
My Comments: For many of us, retirement once seemed like a glorious goal to achieve. Now that many of us are here, the light isn’t so bright. As a financial planner, both for myself and others, the landscape is very different from what it was as little as twenty-five years ago. The fundamentals are the …
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6 Charts Suggest a Stock Market Correction Soon
My Comments: Like me, you don’t have a clue what’s going to happen either. But these charts help give you an educated guess. John Mauldin, Mauldin Economics Dec. 20, 2015 The S&P 500 index is flat for the year, but that hasn’t been due to a lack of volatility. The index has traded within a …
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The Fed’s Rate Hike – What it Means
My Comments: In the past months and years I’ve featured the comments of Scott Minerd, the Chairman of Investment and CIO of Guggenheim Partners. This organization is not big, relatively speaking, as they ONLY have about $250 billion under management. (I could live very well on a tiny fraction of what that amount earns every …
Helping Define Your Financial Future 