From decades of American stock market experience comes the saying that one should sell in May and go away. It is May and we have experienced a tremendous run up in stock prices since March, 2020, so it seems a good time to examine this old adage. There is a [...]
Since the Ph.D’s in Economics have been in supposed total control of the Federal Reserve Bank in the past decade or more, they have been adamant that without US inflation of at least 2 percent per year, life cannot progress as it should. But try as they might, they have [...]
Last time, I discussed the market rotation currently in evidence from the high flyer growth stocks to the more mundane garage sale value stocks. Today I want to give you a better idea of how this presents itself to investors. Since you have thousands of choices available to you, how [...]
If you have grandchildren or children, you obviously need to spend more time talking with them about the benefits of capitalism. Somehow as a nation, we have come to rue uncertainty and reward risk avoidance, at least from a governmental perspective. Therefore, we have a Federal Reserve Bank on hallucinogenic [...]
When you think about ways to make money by investing, are there certain companies or industries that you would refuse to benefit by supporting them with your capital? We are probably all unique in the exact set of those businesses we do not favor. The concept of responsible investing is [...]
A few weeks ago, I wrote about principles and rules for selling investments. Today I deal with the issue of income tax on investments. Perhaps the most common reason offered by investors and promoted by the experts is the drag of income taxes paid upon one’s investment gains. I am [...]
Unless you have been in a jungle somewhere, without a smart phone, for the past week, you have heard of the youthful group of stock trading investors acting like a flash mob. I cannot pretend to understand all of the communication technology that enables the group to coordinate. But I [...]
While the best principles concerning investing are probably first, to begin early and second, to invest often and regularly, selling is a whole different proposition. Will Rogers, American humorist of a century ago, wrapped up the whole process like this with a bow: Don’t gamble; take all your savings and [...]
Most people would seem to be eagerly anticipating the end of 2020. Many of us have lost beloved family members or friends to the Virus. Perhaps a billion or more have had their financial health severely damaged or ruined. Experts called for the initial economic shutdown in late winter in [...]
If you needed any further proof about the difficulty in predicting stock market results, you should have it now. Before election day in 2016, you were told that electing Donald Trump would kill the stock market. This year, you were told that just the threat of a Democratic $4Trillion tax [...]
