Career success in an independent registered investment advisor is simple. The key concept is to always remember that your investment advice has to be in the best interest of your clients. Your entire focus is relentlessly serving your clients by providing...
Stock market corrections are a normal part of the historical stock market cycle. Every few years stock prices to come back down in line with realistic prospects for economic growth and company earnings. Why do the mutual fund companies that manage your company 401(k)...
In the last 16 years, two of the most popular U.S. stock market broad averages have declined 50% or more on two separate occasions. From March 2000 to October 2002, the NASDAQ Composite Index lost 78% of its value. The S&P 500 Index lost 57% of its value from...
You ensure that most important things in your life. The reason is because there are important things in your life that would cost a lot of money to replace. There is no reason to suffer a huge financial loss when something bad happens. You insure your home and your...
…history tells you that you can’t successfully time the stock market. You should buy-and-hold and remain 100% fully invested at all times. Diversify, rebalance, and dollar-cost average. I know that is true because that is exactly what the mutual fund company told me...
The U.S. stock markets have had their worst start to a new calendar year in history. Retailers have closed hundreds of stores and laid off thousands of workers. The U.S. economic outlook has dimmed. The Dow Jones Industrials and the S&P 500 are both down about 12%...