“Don’t just do something, sit there!” -John Bogle Most available economic data suggests things are going quite well. The unemployment rate is 3.7%, which is the lowest in 49 years. Third quarter GDP came in at 3.5%, which solidified the best back-to-back quarters in four years. US wage growth has had its largest annual gain… Read More The Economy is Good, So Why Are Stocks Falling?
The purpose of fake news is not to change the mind of the audience, but rather reinforce the beliefs which the audience already has. Today, when we hear the term “fake news” we think of politics, but fake news is also very rampant in finance. Clients have been asking me for some time now “isn’t… Read More Fake News (Finance Edition)
I can’t imagine how many people deleted the email after seeing the title of this article. Thanks for making it this far. The Federal Reserve has now raised interest rates 7 times in the past 19 months, with a couple more rate increases predicted for 2018. Many savers placing their money in fixed income investments… Read More Interest Rate Math
“Don’t do something, just stand there!” -John Bogle This happens often. The average intra-year decline of the S&P 500 is 13.8% per year. 2017 was an exception with the largest top to bottom drop being only 3% . There have been 152 declines greater than 10% in U.S. Large cap stocks between January 1926 –… Read More What to Remember When Markets Fall
Picking stocks can be fun and exciting. I’ve done it, most of you have as well. Fun and exciting does not necessarily correlate to investment success. In all the finance textbooks I had to read it never said anywhere that investing was supposed to be fun or exciting. People come to me often and say… Read More Why You Shouldn’t Pick Stocks