My Comments: Several of my clients have been asking how come their accounts didn't grow by 10% in the first quarter. As they received their quarterly statements, what they saw did not agree with what they heard on TV. Namely that the bad times were over, the DOW and S&P500 were up and running, and …
Continue reading Net Inflows into Stocks and Bond Funds Decline 71% in March
For those of you who like to pay attention to this stuff, here’s this weeks best summary:
The following comments and opinions are from some of the Purcell Advisory Services signal providers, and are taken from the quarterly report sent out to advisors like us. They are intended to help us better understand the investment dynamics involved with each of these programs so that we can better assure our clients that we …
Continue reading First Quarter 2012 Summary for Clients of Florida Wealth Advisors
My Comment: Finding ways to give back to your community is a classic step toward redemption. My friends would be hard pressed, however, to assign that motivation to me. I do it because it seems appropriate, because I can, and because it allows me to interact with other intelligent and motivated people. In these days …
Buckets vs. Systematic Withdrawals By Mary Beth Franklin My Comment: These are two questions that create confusion among retired and almost retired clients. Actually, in almost 40 years, no one has asked me these specific questions, but they exist all the same, and the answers are hard, if not impossible, to answer. Retirement in my …
Continue reading How Long Will I Live and How Much Money Will I Need?
For those of you who like to pay attention to this stuff, here's this weeks best summary:
My Comment: Whenever I read something in an investment magazine that talks about risk and it is never made clear what is meant by “risk”, I end up feeling cheated. Virtually everything we do in life has a “risk component. Driving to the store to buy milk, taking a vacation in Europe, forgetting your boss’s …
Continue reading How Much Risk Do Clients Really Need to Take?
My Comment: It’s sometimes helpful to look back a few months, sometimes a few years, to see what I was thinking at the time and to compare what was then with what we see now. For example, as investment advisors we have long embraced the idea of a diversified portfolio to minimize risk. Think Enron; …
Continue reading How to Play Defense Against Volatility in Your Portfolio
Rigged Money author and investment advisor Lee Munson, a former trader, talks about how Wall Street does its best to turn advisors' and investors' attention away from the most important topic: risk. My Comment: I’m trying something new in this blog post. I ran across this seven minute video that talks about investment risk and …
Continue reading Unmasking The Risk Wall Street Doesn’t Want Advisors (and you) to Understand
Stocks end this final week of what’s shaping up to be the best first quarter in 14 years, with little hope the second quarter can match its gains. My Comment: Who among you saw this coming? And if you did, what is your prediction for the next quarter? No one knows. All we do know …
Continue reading First Quarter On Track to Be Best in 14 Years
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