I know that many of you reading this column are investors with a long term perspective who generally hold your positions for years. Therefore, today’s message is particularly for you. Since applying technical analysis is definitely not easy or perfect and is labor intensive, keeping stock, bond, or mutual fund [...]
A perceptive client just asked, How is it that a positive jobs report came out last week and the Market proceeded to drop? Great question, I replied. This phenomenon occurs regularly. It is difficult to understand unless one looks at the effects of the news for the intermediate term, months [...]
Thanksgiving is a time where most of us are reminded of the blessings we have been given and focus our attention on those who may be struggling. Recently I wrote that most of our societal ills today stem from our own poor choices including addictions of all kinds. While these [...]
As often stated, much about investing trends can be related to calendar seasons each year. By November 1, an uptrend of indeterminate length usually begins. Since this year’s market highs came on January 4, such a change in trend could not be more welcome! Today, I will focus upon where [...]
I do not know who might have first said it, but I often now remind myself that if a problem can be solved using only money, it is not a big problem. Our problems as a nation at this time in our history are big problems. Unfortunately, money will not [...]
In the 1980 presidential election debates, Ronald Reagan began his famous quip, Well . . . There you go again! Sometimes it seems we cannot learn from our mistakes. Today I will connect some dots of seemingly unrelated ideas and decisions that have made life in these United States more [...]
The summer school break is as good as over. Teachers and school personnel are hard at it today, preparing for another new opportunity for our children to become more civilized, hopefully, and to learn the concepts and content necessary to be productive citizens in our society. I thank God for [...]
While the stock and bond markets likely await their next downward legs and we are beset by political ads, I would like to talk about the state of citizenship in these United States. As a student of history, I remind myself regularly that our nation has suffered through presidents even [...]
Some folks talk about the good old days and seem to wish they could return to a younger period in their lives. I do not wish to return to any previous time—I would just make different and perhaps worse mistakes! But it seems to be an especially perilous world right [...]
When I came into the financial services industry 40 years ago, the industry preached to everyone to Buy and Hold investments for the long term. There were several reasons behind this. Before the rate of trade charges collapsed through competition, it cost as much as $300 just to buy or [...]
