The markets responded today to the passage of the stimulus plan, backed by the President and majorities in Congress, and the Obama Administration’s bank bailout plan with a complete lack of confidence, falling 5%. Many investors fear that President Obama and...
Watch this video on YouTube A cliché that’s sometimes used to explain diversified investing is “Don’t put all your eggs into one basket.” That’s true enough, but it’s only part of the picture. To be a diversified investor, you must put your money into different asset...
In the most recent bad news from Wall Street, Bernard Madoff, former NASDAQ Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, was arrested and charged with securities fraud. What did he do? He allegedly collected money to invest from...
This message comes from a fellow financial planner, Cicily Maton of Aequus Wealth Management Resources. She graciously gave me permission to share it. We have been watching the markets along with the rest of you and we can almost feel the anxiety and panic through the...
I’ve read several articles recently suggesting that right now bonds are a “once in a century” buy. This is largely because investors no longer trust the ratings of the bond rating companies–Moody’s, Standard and Poor’s, and...
Indulge me in a little prognostication. I am not a timer and I don’t change investment directions accroding to “what I think” markets may or may not do. Still, I enjoy a little theorizing from time to time, so here goes. If my hunch is correct, those...
