A new Christmas tradition
While it will be several weeks before we have a clear picture on total retail sales this holiday season, we do know that it started very poorly with November sales numbers, typically the highest month of the entire year, actually dropping .6% when compared to October. Many on Wall Street have interpreted [...]
Advantage from Losses
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 [...]
Lesson’s Learned After 25 Years
At Stewardship Capital we recently celebrated our 25th anniversary in business. Before 1997, the idea of an independent advisor actively managing the portfolios of clients who were not high-net-worth was quite rare. (Honestly, in many ways it still is 25 years later.) At that time most individuals invested their money [...]
When good news is bad
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 [...]
The dangers of investing in “the next big thing”
Recently the crypto industry was rocked to its core with the collapse of the third largest cryptocurrency exchange in the world FTX, and the still developing scandal revolving around the alleged securities fraud committed by its founder and CEO Sam Bankman-Fried. With a value as high as 32 billion weeks [...]
Still Thankful
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 [...]
Is Pain the Cure?
I’m convinced pain is just ahead and that it’s exactly the medicine we need. As much as I’d like to get it over with, nice and fast like, I’m afraid what we will get and really need is a period of prolonged pain. The good old-fashioned type where you find [...]
Don’t like paying taxes? Credits might be a good alternative.
It’s getting to be that time of year again when we all start thinking about taxes, and what we are going to owe in the spring. This probably goes without saying, but my goal is always to pay as little as possible to both Washington DC and Jefferson City. A [...]
Investing Intermission
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 [...]
Is a zombie apocalypse coming?
With Halloween less than a week away, I thought there would be no better time to write an article on the undead. Yes, that’s right. This week I am going to opine on the topic of zombies and warn you all that a zombie apocalypse could be right around the [...]