You’ve likely been keeping a close eye on the news as the crisis in Ukraine continues to escalate. Above all, our thoughts go out to the Ukrainian military and citizens as they navigate this unfathomable tragedy. Aside from the terrible human toll, the recent invasion of Ukraine by Russia is an important reminder that geopolitical risk is a part of investing in global markets. While external ... Read More
Investment Advice
Reasons to Expect a Market Pullback and What to Do About It
The essence of Buddhist philosophy as I understand it is that everything is temporary. Night follows day. Good times follow bad times. And the cycle continues. We see that when it comes to the economy and economic data. A recent Bureau of Economic Analysis report (June 11, 2021) noted first-quarter Growth Domestic Product (GDP) up at an annual rate of +6.4%. This was on top of strongest readings ... Read More
Tips of a Portfolio Strategist: How to Grow Money
Investing is much like gardening. You've got to start with a vision, plant your seeds, and take care of them as they grow. Eventually, you'll harvest your crops. Simple enough. But there's always something to complicate such a simple plan. First, you have to know the soil and climate where you're planting. You have to decide which seeds will work best. Then you have to deal with weather and the ... Read More
Confessions of a Portfolio Strategist: Looking for a Bottom
We live in uncertain times. While the current health crisis is novel, we have survived other crises and market traumas. I'm reminded of the advice from my parents: This, too, shall pass. That doesn't make it any easier though. And when trying to manage client portfolios all the logic in the world may not temper investor emotions. In light of the crisis, I wanted to share my thinking in these ... Read More
Bear Markets Are Painful but Markets Rise Over Time
While it's hard to watch the day-to-day meltdown in every major global market, we must remember that we've been here before. Yes, today's markets, economies, and social order have been disrupted in an unprecedented way because of a virus pandemic. And we have, by many measures, fallen into bear market territory after erasing many years of gains. We must remember this: Bear markets are painful but ... Read More
When Will We Hit Bottom?
With successive thousand-plus point drops in major indexes hitting us day after day like a champion prizefighter’s punch to the gut, it’s hard to watch and harder not to wonder “when will it stop?” When will we hit bottom? Watch the stock market's 'fear index' Stock market sell-offs often coincide with sharp spikes in the level of a popular Wall Street “fear gauge” or "fear index" known as the ... Read More
Meltdown: Know When to Hold Them
Here we are three weeks or so into the meltdown of the US and global stock markets. What's an investor to do after watching years of gains evaporate and, like a time machine, return to levels where we were three years ago? Perhaps we should take a lesson from "The Gambler" in the Kenny Rogers song. It all comes down to you need to know when to hold them and know when to fold them. And know when to ... Read More
What To Do When the Sky is Falling
As stocks have a bit of a meltdown today, there have been frenzied calls about what to do and what will happen next. Here are some thoughts on what to do when the sky is falling. Will the markets go up? Will they go down? Short answer: Yes. What should you do? Not panic. What to Do When the Sky is Falling This is not the first time that the market has given us pause. And it won't be ... Read More
Should You Borrow to Invest in Dividend-Paying Stocks?
Recently, I received a question from a prospective investor: Should you borrow to invest in dividend-paying stocks? As a professional with a clear bias for dividend-paying stocks, I'm always happy when someone shares my investment approach. But sometimes investors can get carried away. Should You Borrow to Invest in Dividend-Paying Stocks? With a seemingly never-ending climb of stock market ... Read More
7 New Year’s Eve Resolutions Inspired by Millionaires
It’s that of year time again. Whether we vow to eat less, exercise more, or live in the moment – it all comes down to the same thing: we all want to be happier, get healthier and do better in the new year. Looking for some ideas? Here are 7 New Year’s Eve Resolutions inspired by millionaires. New Year, New You ... If you plan For those who are considering resolutions that can impact your wallet, ... Read More
