One of the many Wall Street wisdom’s that I remember from my younger days is the comment about, “they are always fighting the last battle.” This adage is a stark reminder of adjusting your investment management decisions to reflect the current stock and bond market...
September is surely the best month of the entire year for football fans. High school, college, and NFL seasons all begin this month. Football fans at every level pay close attention to the weekly rankings of their favorite teams. All levels of football rank their...
The 2019 edition of the annual Schwab 401(k) participant survey was recently published. That survey is sponsored by Schwab Retirement Plan Services. This nationwide survey asked questions to 1,000 company 401(k) retirement plan participants. I picked up several new...
Just as sure as night follows day, the Wall Street economists can’t react fast enough to the current U.S. Treasury inverted yield curve. Anyone who studies the economy for a living can’t resist the opportunity to predict the next great recession. An inverted yield...
I had lunch with my graduate school daughter last week. In the group were two of her recent college graduate friends. The two ladies recently joined the working world for the first time. Both of my daughter’s friends know that I am an investment advisor. The topic of...
Both online and in-person investment management firms require individual investors to fill out a “risk” questionnaire. Regardless of the firm, these questionnaires are surprisingly the same. There are two main goals all investment management firms want to achieve with...
