Stock markets, like roller coasters, share some characteristics. For instance, the time during the rises typically far exceeds the time during the falls. Both experience high and low points throughout the ride. And regardless of whether they are rising or falling, they provoke an emotional reaction. Once again, I will [...]
This month’s update will run longer than normal, as I would like to share three stories that I believe help illustrate how hybrid investment strategies (a blend of passive and active management) can prove especially beneficial to investors during periods like the past two years. These stories include clients making [...]
Last month the US stock market enjoyed a rather impressive price rally, rocketing approximately 9% for the month. Just prior to this, the news headlines were questioning how sound the markets were, even going so far as to quote several people who claimed it was going to crash. Now they [...]
Let’s begin this month’s update by looking at the past. The S&P 500 Index from 1942 through 1951 consisted of three trends. The first was a rising trend (#1) into 1946. The second was a sideways trend that consolidated prior gains through 1949. The third was a rising trend (#2) [...]
Several years ago, my wife took our youngest son to the mountains of North Carolina to play in a travel soccer tournament. The tournament consisted of three games played over two days on three different soccer fields. Everything was going fine until her phone GPS stopped working on the way [...]
