It’s my belief that the longer your time horizon, the more it starts to be your friend. What do I mean by that? Investments of all nature tend to be cyclical, meaning as a normal course of business they go up and down. The longer you’re invested, the more of these intermediary “cycles” you’ll experience, with the end goal eventually being up. If you don’t believe that long term the value will be greater, then why are you investing? Anyway, many times people say “but I just retired and I’m no longer a long term investor”. My answer is that ... Read More
With a loose monetary policy over the past 4.5 years, the fears of inflation have been touted endlessly. I, too, have warned about inflation over the years. But where is it? Is the lack of hyperinflation one of the biggest, most incorrect predictions of the past 5 years? It certainly is. With the printing presses going, why hasn’t there been the expected inflation? Perhaps a combination of an oil boom, slow growth in Europe, ongoing reduction in household debt, etc. For a deeper discussion of this, click on the link below The Most Incorrect Prediction of the Past 5 Years ... Read More
One of the mostly closely watched barometers for Warren Buffett is the level of rail traffic. He believes that it’s a leading indication of how much productivity is going to happen in the future as goods are transferred across the U.S. It’s currently still in traditional “expansion” territory, but it’s been weakening over the past year or so. In my opinion, it’s reflecting the ho-hum economy we’ve all been experiencing. I’ll continue to watch it closely, as one of the variables to what may be in our economic future. Full Article Read More
It’s summer now, and after such a wet and cold spring, I’m looking forward to some warm sun on my shoulders. But, have you every wondered why black shirts get hot in the sun? Fortunately, your trusty adviser here has the answer. It has to do with which wavelengths of the light spectrum are absorbed and which are reflected. You want to appear smarter at the next BBQ with the full answer at the tip of your tongue? Click below. Full Article Read More
I was recently asked “what are some characteristics or traits you’ve noticed in people who seem to reach their goals?”. Hmmmm…..good question. I suppose I could be completely self-serving by saying “they click on my videos in my newsletter” but that’d be too obvious. So, I’ll start off by saying “they treat their life and goals like a business”. For the rest, you should watch the video. Good morning. Mike Brady with Generosity Wealth Management, a comprehensive full-service wealth management firm headquartered right here in Boulder, Colorado, although I have clients in many different states. Today, I wanted to ... Read More
Unemployment in Europe is at an all time high. Inflation has fallen to 1.2% Will Europe cut rates and cause a stimulus? I think they will. How does this help us? It hopefully will slow the decline that is Europe, even if it’s not going to turn everything around long term until Europe gets the relationship between their debt relative to their GDP in order. Click for the full article. Read More
NerdWallet investigated all the 883 analyst ratings issued on the Dow Jones 30 stocks in 2012. All the recommendations were issued prior to January 1, 2012. Then it compared the recommendations to stock performance through 2012. NerdWallet found that only 51 percent of the recommendations were correct. Yes, predicting stock movement is challenging, but you do expect highly paid analysts with decades of experience to at least beat the average. And 49 percent of analysts failed on that parameter. Full Article and Study Read More
I make no secret of the fact that I’m a huge Lord of the Rings fan, along with the prequel The Hobbit. Not that I’m counting or anything, but there are only 224 days left until December 13th, when “The Hobbit: The Desolation of Smaug” opens in theaters. If you’ve read this far down in the newsletter, you have no one to blame but yourself for this random piece of information. I’ll keep you posted as the year unfolds. 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.