I recently did this really awesome educational video for you on Bonds, but unfortunately I described the characteristics of bond mutual funds in layman terms without a bunch of disclosures, and approval from a higher up regulatory agency is required (come to find out). So that got me thinking about rules and regulations. Should we have more or less, are they a cure-all panacea, and most importantly, what are the unintended consequences? Click on the video below to hear my crazy thoughts on regulations. All right, they’re not really crazy, but I think the question of more or less is ... Read More
TheSuit Magazine did a nice article about me, my company, and some of my beliefs in their most recent edition. I don’t often get interviewed, so it was a fun experience. He got a few things wrong (I was not actually in Africa for 2 years straight but rather kept going back periodically over that 2 year time frame), but overall got it right. I love my clients, company, and am having a lot of fun while trying to make a difference. Hopefully it shows. FULL ARTICLE – PDF Link to TheSuit Magazine Read More
The US Dollar is looking pretty mighty these days Goldman Sachs believes the U.S. dollar will catch up to the Euro and may even be equal by the end of the year. This is just one outcome of a resurgent America in comparison to the European Monetary countries that are having all kinds of difficulty. While we ended our bond buying program, they’re just about to start. This is good news for US travelers to Europe but bad news for big multi-national companies that do lots of business overseas as they convert back into US dollars. Greenback Sours Against the ... Read More
A couple of years ago I started rating my books I read on www.goodreads.com. Then I realized it kept track of all of them, and without knowing it I read 73 books in 2013. So, for 2014 I thought “I’ll bet I could read 100 books if I changed a few habits around (like no TV)”. So, that’s what I did, and I’ve never felt smarter and more enriched. I ended up reading 118 books in 2014, 66 fiction and 52 non-fiction. Of the 52 non-fiction, 13 were business, 14 were personal development, and 25 miscellaneous general non-fiction. * The ... Read More
The title of this should actually be “you know you have too much money when……..” Yes, that’s right, someone paid $467 for their constipated goldfish to have surgery so it wouldn’t die. Weird. Anyway, I’d write more about this but I have to go meet a friend for some all-you-can-eat sushi…….. Surgery Cures Constipated Goldfish Read More
2014 is now over, and a new year is in front of us. In my video (click on the image below), I briefly do a recap on 2014, and then lay out my arguments for a long term approach, diversification, and reasons why I think being fully invested is wise, particularly as I continue to be optimistic for the foreseeable future. Click on the video below for 10 minutes of my thoughts. Hi there! Mike Brady with Generosity Wealth Management: a comprehensive, full-service, wealth management firm headquartered right here in Boulder, Colorado. Today want to talk about the 2014 ... Read More
Okay, I know privacy notices and my Form ADV could be considered boring, and after the video above (which you clicked on of course), you want a continuation of the most exciting new information in the world. Well, privacy policies can sort of be interesting, can’t they? And my ADV tells you all kinds of things about me, like when I was born, where I went to school (Go Hurons!), and all about my professional registrations. It also lists my outside activities, charities and other non-profits I’m involved in. Have I sucked you into clicking on either of the links ... Read More
A new calendar year also means a new tax year. Back by popular demand is my Key Financial Information chart as a quick reference guide for you throughout the year. I work with a number of good CPAs, so don’t hesitate to contact me for guidance as a good CPA can be a valuable member of your financial planning team. Key Financial Information – 2015 (DOWNLOAD PDF) Read More
I remember the 1998 Russian crisis well. It was near the end of the summer, and threatened to put a real damper on an otherwise excellent stock market year. The “Moscow meltdown” bled over the S&P 500, which plunged 20%. There are reasons 1998 and today are different Tough sanction in place have somewhat isolated Western investors Russia has a war chest of $416 billion in currency reserves today, versus very little in 1998 Russia’s currency is free floating, and not pegged to the US Dollar like in 1998. External shocks can be absorbed by the currency markets. There are ... Read More
I’m not going to lie to you–I’m a total sucker for a cute dog video on the internet. Yeah, yeah, I know, pretty sappy eh? Every time I watch this video it makes me smile. Wouldn’t it be nice to be so lucky to have an animal or person be excited to see us like this puppy is for its owner? Gosh darn it, I just watched it again and it made me smile. 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.