Feb 11, 2018 | Financial Planning
The U.S. stock market plunged Monday, with the Dow Jones falling nearly 1,600 points at one point, the biggest single day drop in its history. It then turned around and regained 567 points on Tuesday. The whipsawing continued for the rest of the week. At the close on...
Dec 2, 2017 | Financial Planning
Just when you think the market cannot go any higher without a correction, the markets bounced back yet again to record highs this week. While it is true that possibility of tax reform and appointment of a new Fed Chair have buoyed the markets, the underlying economic...
Nov 4, 2017 | Financial Planning
Even as financial markets hit new highs every week, the trend in savings has dropped to 10 year low of just 3.1%, from a recent peak of 6.3% in October 2015. But it has not always been this bad. From 1950 to 2000, it averaged about 9.8%. It peaked in May 1975, hitting...
Aug 5, 2017 | Financial Planning, Investments
Contrarian is an investment style that goes against prevailing market trends by buying poorly performing assets and then selling when they perform well. Contrarian investing also emphasizes buying out of favor securities with low P/E ratios. With the market at all...
May 27, 2017 | Financial Planning, Wealth Management
The S&P recently released a study showing how the index beat active managers over the last 15 years. This attention to index investing may be diverting retirement savers from their real goals. “The media’s focus on market returns is highly distracting,” says Dana...
May 14, 2017 | Financial Planning, Wealth Management
Last week, Morgan Stanley slammed the door on placing Vanguard mutual funds in client portfolios. Morgan Stanley’s decision follows a similar one instituted last year by Merrill Lynch to forbid new sales of Vanguard mutual funds. The brokerage arms of Wells Fargo...
