It’s almost the end of the year and next week I’ll have the year end summary and (more importantly) the year preview. How good did Generosity Wealth Management do in last year’s preview? I’ll talk about that, but here’s a rerun in case you just can’t wait. Read More
The VIX (Volatility Index) is very low right now (17) and many times a huge sell off takes place once people become complacent. Don’t be that person. I continue to use the VIX as just one of many indicators to upcoming trends and sentiment in the market. CLICK FOR FULL ARTICLE Read More
I’m not saying you’ll be drinking too much for New Year’s Eve, but just in case you do, you’ve got to be cool while doing it. Here are 200+ synonyms for “Drunk” penned by Ben Franklin. Here are a few of my favorites. He is Addled, Got Corns in his Head, Fuddled, Booz’d the Gage, Loose in the Hilts I think you get the picture…… CLICK FOR FULL LIST OF SYNONYMS Read More
Are you going to plan or are you going to hope for the Lotto? The odds are 1 in 120,000,000 (that’s 120 million) of winning the lotto. You’re 400 times more likely to be hit by lightning. What are the odds of you achieving your financial goals if you start planning today? Much better. Read More
One of the problems with Ireland is their huge reliance on banking for their economy. How do other countries fair as a percentage of their GDP? Luxembourg 2,461 Ireland 872 Switzerland 723 Greece 141 US 82 Want the full list? CLICK FOR FULL ARTICLE Read More
My wife Cassidy and I will be on the staff of a retreat in Rwanda again this April. It’s very powerful. Over this 5 day retreat, we will bear witness to the horror and tragic impact of the 1994 Rwandan Genocide as well as the current sate of healing and reconciliation efforts within Rwanda. Consider attending this with us. We’d love to have you in Africa with us. CLICK FOR INFORMATION Read More
What is your interest rate sensitivity? If you reply “what does that mean”, then you definitely need to listen to my video below. I talk about a quick and dirty way to estimate how a Rising Interest Rate will negatively effect your particular bonds and/or bond funds. Read More
If you’ve been reading my blog for the past 2 years you’ve been hearing me talk about the slow disaster that is Europe and our municipal governments. We’re now seeing the worst falls in Municipals since Lehman’s collapse back in September 2008. Ouch! I also say that the worst is before us, not behind. To do: Watch your municipal holdings and know what your exposure is! Ireland has a bailout (thank you EU and IMF) and now the yields for Portugal, Spain, and Italy are going through the roof. This does NOT bode well for the rest of the PIIGS, ... Read More
Finally a government program with cost estimates LESS than projected. The $700 billion Troubled Asset Relief Program is estimated by the CBO to come in at $25 billion dollars. At the time, if you remember, it was billed as a gift and we were out the money. However, due to repayments and other fortunate events, most of the money allocated has either not been used or has been repaid. AIG and the auto industry are costing about $45 billion whereas the other aspects are giving the taxpayers $20 billion of profit, for a net of $25 billion cost. CLICK FOR ... Read More
I believe that the coming 2 to 3 years will be pivotal in how our changing government relationship with medical care will affect the healthcare industry. “Duh?” you say?……. I bring this up because this is a huge part of our economy and it will have an impact on your portfolio and personal expenses. Unfortunately, the early signs are not encouraging. Recently the 23% cut in federal Medicare reimbursements to doctors has been delayed….for 1 month. To do: What is your healthcare exposure in your portfolio? CLICK FOR FULL ARTICLE: MEDICARE RATE CUT DELAYED Read More
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The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.
The Standard & Poor’s 500 Index (“S&P 500”) is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market.
The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.
Indexes are often used as a proxy for the stock market and cannot be invested in directly.