Unprecedented growth in the stock market and now a down slide, why are my clients not calling me? After more than a decade of unprecedented growth without any significant corrections (378% Growth from March 9, 2009, to December 31, 2019*). We have just had one of those Black Swan events occur with the Coronavirus epidemic. [...]
Being on Wall Street means being in The Old Boy's Club I have always wondered what it might be like to be an insider at Wall Street, to be able to know secrets before others, to have a head start in trends and events. I am not talking about "insider" information. I am speaking about [...]
Will everything in your life remain normal? “Normalcy Bias”: a belief people hold when considering the possibility of a disaster. It causes people to underestimate both the likelihood of a disaster and its possible effects. Many people may tend to believe that things will always function the way things have performed in the past. This [...]
Volatility in the stock market again is back, and it might be a warning shot. More people are waking up wondering could this be the Big Correction everybody’s been worried about. I can’t answer that question, but I can tell you that a major correction is inevitable will it be 10%, 20%, 40% who [...]
Use math, science, and reason when planning your retirement First and foremost, I want to let you know that I would never try to sell you on anything. I have learned in my 40 years of experience that if I try to talk you into something, anybody can come right along and talk you out [...]
What kind of investor are you? A Bull, Bear, Pig, Chicken or something else...
The stock index & how history can make you a smart investor “The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go."- Benjamin Graham [...]
Balance your investments to maintain stability Building a well balanced and diversified portfolio is a solid approach and plan for the conservative investor. There is an old saying about investing: "Bears make money, Bulls make money, but hogs get slaughtered." Choosing to invest with a balanced plan allows [...]
On March 9, 2009, all of the Wall Street gurus agreed that this was the first day of our current bull market. We had just came out of one of the worst financial meltdowns, and now America was ready for a strong bull market run. The DOW JONES closed that day at 6,547 points and [...]
A lot of the more savvy investors are realizing that foundational income retirement planning should be part of their overall portfolio.