The recent plunge of global stock markets has sent many investors scurrying for the exits. While more experienced investors should know better and avoid panicking, for young, first-time investors, this could be the chance of a lifetime. The old saying ‘it’s better to be lucky than good’ summarizes the reason that for new investors now […]
With so much information available on the Internet and 24 hour-a-day business TV, the rallying cry from these media sources has been for investors to manage their own funds. Investing is easy, they say. Not to mention that if you pay very low fees, you can trade and trade and make lots of money. Well, […]
It’s now June and the spring/summer wedding season is in full swing. For the new couple, many important decisions need to be made. Where to live, who should do the flowers for the wedding and perhaps the most important decision of them all: which china pattern?! One major issue that is often neglected is exactly […]
As global financial markets continue to reel and seemingly drop on a daily basis, investors with a bit of foresight should start thinking about how they can adjust their portfolios and potentially benefit from a turn in the market. As I have mentioned in previous columns, the state of corporate America is very strong right […]
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It’s almost always the wrong response. -Larry Summers My phone has been ringing off the hook over the last week or two as nervous clients call to get my view on the financial crisis in Greece and how it relates […]
It used to be that professionally managed investment accounts were only for the ultra rich investor. Only those with money like Bill Gates had access to these money managers but the average joe didn’t. Initial investments of $10-$20 million were the norm. But over the last few years, due to advances in technology that automate […]
One of the most common questions that I receive goes something like this: “Why should I be investing in the stock market while the economy is still on shaky ground?” This is certainly a reasonable question. After all, U.S. unemployment remains very high, the global real estate market is soft, taxes are rising, countries in […]
Recently, I was a featured panelist on an online retirement forum hosted by financial content giant, Seeking Alpha.com. The forum focused on stock exposure during retirement. Should retirees continue to own stocks? How much should they own? What types of stocks and in what form (i.e. individual stocks or mutual funds and ETFs)? While each […]
The financial crisis has left many retirement investors wondering if the old rules for owning stocks for the long run still hold true. Many are asking these days: – Is ‘Buy and Hold’ of stocks no longer a prudent strategy? – Do blue chip stocks in the traditional sense even exist anymore? – Are traditional […]
When a new client who had recently received an inheritance opened up an account with me, he transferred this new portfolio from a well-known brokerage firm. After the transfer was completed, we sat down to review his current holdings and adjust the portfolio. Some of the client’s stocks were showing large losses. However, he explained […]
