Here at last, the dog days of summer. Under normal circumstances, the stock market would usually be swooning by now from lack of attention while Big Money folks hang out in the Hamptons, hike in Maine, chic stuff like that. But as the late, great Erma Bombeck said, Normal is [...]
Last week, some family members and I drove to northern California and back. Never doing things the easy way, we drove 1900 plus miles in the first two days, enjoyed two days with extended family members, and drove 1900 plus miles on Friday and Saturday. Like the terrible joke about [...]
Today’s column is designed to give you a little better understanding of what is going on inside the black box of your investments. Hopefully it will be enlightening. If you are a DIY investor, this principle is quite important for you to know or study. On television Mr. Market seems [...]
For investors, proper perspective is about the most important quality one can possess. I am referring to the practice of viewing where we are in terms of historical benchmarks and the statistical probabilities from long history Our shared human condition is that we are creatures of the here and now. [...]
A few weeks ago we noted the 10-year anniversary of the stock market low of March 9, 2009. As one might expect, others have considered this too from various perspectives. The most insightful I have seen yet is How the Financial Crisis Has Affected Individual Investors 10 Years Later by [...]
Ten seemingly short years ago, the low-water point for the U.S. stock market occurred on March 9 at 666.79. There are numbers of theories about why the decline stopped on a dime and reversed. The best and most logical one is also the simplest explanation. Alas, the following was never [...]
Last week, Luke Davis and I attended the Kingdom Advisors Conference for attorneys, accountants and financial professionals. Each year great speakers share insights about dealing with our finances in ways to keep money in its proper place. It is a tool to serve much more important aspects of our lives. [...]
In the past few years, the S&P 500 Index has had some good results when many investors’ portfolios have experienced lackluster to poor results. Lend me a few minutes and I will attempt to explain this and hopefully provide some light on the subject. A large part of this phenomenon [...]
Life can only be understood backwards; but it must be lived forwards, observed Soren Kirkegaard, 19th Century Danish philosopher. Therefore, we must examine at least briefly what occurred during 2018 in the worldwide financial markets. As noted in prior columns, probabilities were high that it would produce a stock market [...]
I may not have harped on the subject lately or you might have become a more recent reader of this column, but today—short and sweet—I am explaining why investors should be surprisingly hopeful and positive about the stock market in the next 12 -14 months. Long time readers can recite [...]
