When it comes to investing, knowing how your investments work, and establishing a solid game plan is a major part of building wealth.
Don’t make spontaneous and emotional decisions based on the realities of today.
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(AJC) — Like a lot of Americans, Grady Houston of Carrollton pulled back from the stock market and went to bonds and CDs when the economy tanked and losses grew in his portfolio. Diana Thorne, of Roswell, switched to almost all cash. But the mild thaw in the economy’s deep freeze — along with low interest […]
(Wall Street Journal) — First the good news: Improving U.S. economic data. Surprising strength in consumer spending. Solid earnings. Then the bad: Irish banking problems. Korean military exercises. Disappointing employment figures. As the year winds down, investors confront a number of confusing trends, making it harder to figure out if it’s a time to buy […]
(Chicago Tribune) — Chicago’s public pension funds are teetering on the brink of insolvency in large part because city officials and union leaders repeatedly exploited the system, draining away billions of dollars in the last decade to serve short-term political needs, a Tribune investigation has found. Time and again, the funds have been used as […]
(New York Times) — As an investor, the first thing you need to do is ask, “Why am I investing?”Simon Sinek’s book “Start With Why” reminded me that this question gets skipped over all too often. In the world of investing, people start with the product and related matters: What stock or fund am I going […]
(Baltimore Sun) — Now that the political pundits have had their say on the impact of the election, it’s time to consider what it means for investors and pocketbooks. The midterm election results and Republican takeover of the U.S. House improve the chances that the wealthy will be included in any extension of the Bush-era tax […]
(Wall Street Journal) — Anyone who thought that stock market investing was an emotionless business has been comprehensively and painfully disabused of that notion over the past ten years. MetLife Europe recently dubbed the Noughties a ‘lost decade’ for investors in which they, for example, have seen annualized returns of just 0.5% a year from […]
(Washington Post) — A string of local companies have announced plans in recent weeks to go public, hoping to cash in on a reviving economy. climate for initial public offerings is far from pre-recession conditions, especially as doubts grow about the strength of the economic recovery. But even slow improvement has cracked open the door […]
(Washington Business Journal) — Stock in Washington area publicly-traded companies followed the overall market sharply lower in Wednesday trading on new concerns about a slowing economy, both in the United States and abroad. The Bloomberg D.C. Area Stock Index, which tracks locally-traded stocks, ended the day down 2.9 percent. The S&P 500 Index retreated 2.8 percent. […]
(Smart Money) — In my July 2 column, I said it was time to start buying stocks again. The bottom in stocks turned out to be that very day, and the S&P 500 now stands about 8% higher. There are a lot of reasons. Some I expected — and one comes as a beautiful surprise. Read More…