September 30, 2021 When the Dow Jones Industrial Average was at more pedestrian numbers, like 6,000, 8,000, or even 10,000, market drops of 600, 700, and 800 points caused quite a stir. That reaction was logical, as a drop of 600 points when the Dow was at the 10,000 level meant a loss of 6%. A drop of 600 points...
September 30, 2021 In a brief titled “Rising rates don’t negate benefits of bonds,” Vanguard 1 addresses arguments that target why investors shouldn’t own bonds in a low interest or rising interest rate environment. They start with a point we’ve made ad nausea over the years: “…the role bonds play in a diversified investment portfolio – to be a shock...
August 15, 2021 Across the board, businesses in America were ill-prepared to power down when COVID hit and were even less prepared when the economy started to reopen a few months later. Once supply chains were effectively shut down, ratcheting up has proven far more difficult. First, businesses stopped ordering because their markets disappeared. Who was going out to buy...
August 15, 2021 Whether you’re a retiree, on the cusp of retirement, or anticipate that you someday will retire, there’s a good chance either (a) retirement didn’t turn out the way you thought, or (b) the retirement you’re anticipating will be dramatically different than what actually will occur. When a client, or prospective client, comes to us and talks about...
August 15, 2021 Over the years, we’ve written frequently about the potential perils of trying to time markets. Often, we refer to the need to make two critical decisions, both at precisely the right time: when to sell and when to re-buy. Both decisions are equally important, and erring on either (or both) can be costly. A new study adds...
June 30, 2021 Those of a particular generation may recall a commercial on TV for a hair restoration company. The late Sy Sperling would look into the camera and say: “I’m not just the president of Hair Club for Men, I’m also a client.” (Perhaps I also should have been a client of Hair Club for Men, but that ship...
June 30, 2021 If you’ve seen this movie before, raise your hand. Every year, business writers and market observers try to steer their audiences to their portfolio choices du jour. Small-cap growth? Dead! Large-cap value? Buy! International? Never! Emerging markets? Garbage! Bitcoin anyone? With interest rates still trending near historic lows, the last year has seen a multitude of articles...
June 30, 2021 Security is very important to us, and we think it should be equally important to you. That’s why we frequently include articles about what you need to do to help protect yourself against identity and other theft. Unfortunately, you may be victimized as a result of shortcomings by others. If you have a credit card from a...
May 15, 2021 Though I like to believe it’s my Honest Abe appearance that encourages total strangers to reveal things to me that wouldn’t normally be discussed with other strangers, it’s more likely that we’re all so desperate for social contact that people are willing to talk to anyone. Even me. While waiting in a doctor’s exam room recently, I...
May 15, 2021 For a hundred years or more, investors have been seeking the holy grail of investing: how not to lose money in the stock market. Finally, MONEY.com 1 has revealed the answer, and it can be condensed into two words: Don’t sell! The chart below highlights how markets have performed over 1, 5, 10, & 20 year periods...