Market Timing: Why Selling Today Could Hurt Tomorrow
The chorus of large money mangers telling the public to “sell everything” is getting louder. This article from Bloomberg does a good job of summarizing the bearish calls – http://www.bloomberg.com/news/articles/2016-08-05/goldman-gundlach-and-gross-are-worried-about-the-markets-time-to-get-out. Students of the markets will remember that we have heard these…
After Brexit, Is Cash King of the Investment Universe?
When Great Britain voted to leave the European Union in late June, the media had a field day. Stock markets across the globe were down significantly the following Friday and Monday after the vote. It was certain, according to any…
You Just Had Your First Child: A Financial Planning Checklist
Although I love writing about financial markets, being a wealth manager is about more than just investing. As my wife and I patiently await our second child due in August, I though it made sense to discuss some of the…
A Chair Affair – a fundraiser to benefit Bridge Communities
With a quick glance, a reclaimed chair may not seem like much. But the old chairs on display throughout downtown Naperville Thursday through June 9 have been transformed into beautiful pieces of art that beckon for a new life inside…
Is The Stock Market Headed For A Black Swan Event?
Nassim Taleb’s 2006 book titled “The Black Swan” is a must read for any human being with a pulse. In the book, Taleb describes a “Black Swan Event” as an event that no one could possibly imagine happening (akin to…
Huge Market Rally – Now What?
Since February 11th of this year the s&P 500 has rallied about 14%. Don’t get too excited, this huge market move gets the S&P to a year-to-date return of about 1%. The article below from Forbes may help put the…
Seven Years In, The Bull Market Marches On
The bull market in US stocks that began in March of 2009 is now seven years old. This article from Bloomberg shows some of the winners and losers over that time frame. I think the most interesting piece in this…
Sell Everything?
With the US stock market down over 7% already in 2016*, many are questioning if the bull run is over. There have been a number of articles written over the last few weeks that mention the “R” word (recession). Also,…
Mutual Funds Miss the Mark, Again
Once again, the majority of mutual funds failed to beat their benchmark in 2015. This article from Reuters has some great statistics on the recent under-performance of mutual funds. Such as: the majority of actively managed mutual funds have not…
2016 Stock Market Predictions
As 2015 comes to a close, large Wall Street banks release their market predictions for 2016 – the article below does a great job of summarizing these predictions. After reading these predictions year after year, one realizes that the predictions…