(Posted June 7, 2016) There have been a lot of calls recently for the market to go even higher, ranging from a) The Fed won’t raise interest rates this month because of the weak jobs number, b) Energy and Basic Materials companies are now bottoming and will have less worse earnings, c) the earnings recession is close…
DetailsI see this practically every week. I look at someone’s investment statements, and there they are: mutual funds with sales charges called “loads” just to get invested in them, and they often exceed 5%! When there are literally thousands of other mutual funds and Exchange-Traded Funds (ETFs) available that could be acceptable substitutes that have…
Details
Sometimes it’s better to just not look – at the media, the papers, or whatever – when it comes to the stock market. Because the first quarter was one of the more crazy ones we’ve seen. Apparently, the 11% decline in January followed by the 13% rally in March marked one of the biggest comebacks…
Details“Unlike an enthusiastic bull or a scary bear, a bunny market hops about a bit but really doesn’t go anywhere, and bunnies have often dominated the stock market during the latter stages of past economic recoveries,” said Jim Paulsen, Chief Market Strategist of Wells Capital Management (source). I agree, and the timing of this statement…
Details
The average person has at least 25 online accounts. Think Facebook, Twitter, Pinterest, Yelp, Google, and the list goes on. Of those, there are probably at least five financial accounts you have with five different logins: your checking and savings accounts, credit cards, auto loans, mortgage, and investment accounts. Wouldn’t it be nice if you…
Details