However, keep in mind the stock market does best when it goes from “bad” to “less bad.” We are certainly not out of the woods yet.
Tag: investment portfolio
CAPITAL IDEAS: Business as usual
However, as I’ve noted, due to the COVID-19 crisis, forecasting fundamentals is nearly impossible. When you don’t have access to fundamentals, you use technical analysis.
CAPITAL IDEAS: Whatever it takes
Dalton — The stock market should pull back. It always does, by some magnitude. However, on the morning of Thursday, April 9, the Federal Reserve prescribed some good medicine, and the wounded stock market should heal even faster than we thought prior to this “whatever it takes” approach to propping up the economy. In response
CAPITAL IDEAS: Take CARES of yourself
At the heart of this, it’s a medical issue, not an economic issue. The virus will determine the pace and the path of economic recovery.
CAPITAL IDEAS: Getting buff
The Federal Reserve’s and the government’s massive and quick actions should stabilize what has been an economy in freefall, but we won’t escape a recession.
CAPITAL IDEAS: CoronaCrash
Whether we get to enjoy a rally, or even stabilization, the cure to the coronavirus – absent a vaccine – appears to be global governments pushing their respective economies into recession.
CAPITAL IDEAS: Observe and react
I don’t know how the coronavirus will play out and what the right amount of fear is. I’ll continue to observe and let you know if you should react.
CAPITAL IDEAS: 99 Luftballons
The market has been prodded higher by monetary stimulus, and the strong suggestion by the Fed to keep rates lower for longer has given the U.S. economy the potential to stave off a recession for all of 2020.
CAPITAL IDEAS: Just give me a reason
The vibe, after a decade of stock market gains, feels less like technical confirmation of fundamental research and more like that melt-up I’ve been talking about.
CAPITAL IDEAS: Investors have a lot to be thankful for
Not that we can ever rely on one indicator, but those historical instances of outperformance suggest that we haven’t yet seen too much of a good thing.
CAPITAL IDEAS: OK, Boomer…
I’m not going to deter anybody from getting invested to fund their retirement, but I will try to steer you away from using rules of thumb that are likely to be contrary to your ultimate goal of living your best possible retirement.
CAPITAL IDEAS: Politics, policies and stock prices
Dalton — Volatility in the stock market has become subdued over the last few weeks as U.S.-China trade talks have turned more positive. On Monday, Oct. 28, the S&P 500 stock market index went above its July 2019 all-time highs after even more positive news about U.S.-China relations was announced on the previous Friday. I’ll
CAPITAL IDEAS: GPS for ‘the GE’: Marco Polo?
Dalton — Growing up in the Berkshires, I could tell if a certain generation lived in the area at a certain time period by the way they referred to General Electric as “The GE.” For more than 20 years, because of my profession, local folks have asked me where “the GE” is going — should
CAPITAL IDEAS: Your husband has a kept woman
Let’s face it: Most financial advisors are old white dudes like me, and old white dudes often don’t like to falter from traditional gender roles.
CAPITAL IDEAS: What’s your number?
According to the Employee Benefit Research Institute, currently 67% of workers are “very” or “somewhat” confident that they’ll be able to live comfortably in retirement. … Their optimism is probably misguided, but I’m happy for them. Ignorance, as they say, is bliss.
CAPITAL IDEAS: The Bank of Mom and Dad
The Bank of Mom and Dad, I bet, is not a new concept to you. But what might be less familiar to you is the Bank of Junior, which has an obligation to pay the cost of elder care for aging parents.
CAPITAL IDEAS: Enough is enough
It’s very easy for me to tell you what to do at extremes: Do what feels the worst and go against the crowd. But we’re not at extremes now; indicators are mixed. So what to do now?
CAPITAL IDEAS: Financial advisors are the worst
Have a conversation with your financial advisor. It’s perfectly appropriate for you to ask for tax returns or profit-and-loss statements and have them explain where their revenue is coming from in general, and, specifically, from your accounts.
CAPITAL IDEAS: Playing with FIRE
I get the “Financial Independence” part, but the “Retire Early” part is just made up. Retiring at age 40 is a romantic idea.