My Comments: No need for any commentary from me. Just draw your own conclusions, and hope that if the author is right, you’ve talked with me about how to make money when everyone around you is losing theirs. On the other hand, essentially this same argument was made last April and yet the crash has …
Continue reading 3 Market Warning Signs Predict 20% Stock Tumble
My Comments: On Thursday, July 30 the market dropped 300 points. The blogosphere and media were all a chatter about "was this the start of the correction?". Who knows ?!? It illustrates why those of us who profess to be financial advisors are more in the dark than you are. Here we are talking about …
Continue reading Increased Consumer Spending Driving Strong Economic Growth In USA
My Comments: Once again, the question of a market crash raises its ugly head. And once again, no one has a clue when it will happen. And once again, as I tell my clients and prospective clients, it really doesn’t matter if you have your money where it can grow regardless of when and how …
Continue reading Stocks Will Rise And The 3 Trades You Can’t Make
My Comments: The blogosphere and financial press is increasingly filled with questions and presumed answers about the amount of time since the last market correction. The focus of each writers attention is to suggest doom is imminent or doom is not imminent. Personally, I have no idea when the next crash will happen, just that …
My Comments: Math was not and remains not one of my strengths. But I understand this part. If you are younger than I am and have an opportunity to put some money to work, you need to push the envelope and make it happen. Whether you do or not, the price you pay for stuff …
Continue reading These 3 Charts Show The Amazing Power Of Compound Interest
My Comments: Not too many years ago, the idea of stability in the markets was divine. Now, not so much. That’s partly because with new technology and tactical opportunities from Guggenheim Partners, volatility increases your chance to outperform and watch your accounts grow. Of course, it also increases your chance to lose money if you …
My Comments: There are those in the financial services industry that do not have to be accountable for what they say and do with respect to clients and their best interest. They claim to, but if push comes to shove, it’s buyer beware. Of course, with today’s instant media, if you are on the wrong …
Continue reading ‘Trust me, I am a financial adviser’ is Not Good Enough
My Comments: More than once a week, I have conversations with a client, or prospect or someone I run into, who are gloomy to the point of absurd. There is a pervasive expectation that life will be miserable going forward. I suppose it’s a natural phenomenon, but I don’t share it. That it will be …
Continue reading US Economy: Misaligned Policies to Blame, Not Structural Flaws
My Comments: Last Tuesday, I referenced an article with a compelling reason to think the current stock market move upward would soon go the other way. The author asserted the collapse was already under way. Here is an equally compelling article that suggests it’s not going to collapse, instead is going to continue going up. …
Continue reading Short Selling Drops to Lowest Level Since Lehman
My Comments: The writer has a powerful message to send. He was right about this back in 2008 but that doesn't mean he's right this time. I have clients and prospective clients asking when the next downturn is going to begin. And yet there are many articles that suggest it’s still a long way off. …
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