You Can Do This.

Generosity Wealth Management blog

 

Do You Have an Investor or Trader Mindset

The last month has been interesting to say the least.  This is a wonderful time to ask yourself

Are you an Investor or a Trader?

The mindsets are completely different, leading to different behaviors, and different outcomes.

I ask this question in my video this month, talk about the differences, and let you decide by the end which of the two you are.

So, what do you think?  Are you an Investor or a Trader?

Click on the video

Transcript:

Hi there.  Mike Brady with Generosity Wealth… Read More

Why the Stock Market is Obsessed with Oil

Oil

The S&P 500 is now almost perfectly correlated to the price of oil, which is interesting because over the past decade they’ve had virtually no correlation.

Energy only makes up 3% of the economy.

So why the focus?

  • Falling prices often signal softness in demand, which precedes an economic slowdown.  But, most believe this is a supply glut, not weakened demand
  • Cheap oil is causing US Oil production to cool off, hurting energy companies and

Social Security Isn’t a Nest Egg

SS isn't a Nest Egg

I was recently interviewed for a magazine with the question “what are the biggest misconceptions about Social Security”.

My conclusion, and the headline used, is that Social Security isn’t a nest egg.

  • Many people think it will pay out more to them than it actually will
  • Many believe you have an individualized account, sort of a government-held savings account.
  • A third misconception is that Social Security will be broke sometime in the

U.S. Stocks Were Positive 73% of the Time

poz

With an unmanaged stock market index going back to 1926, 73% of the time U.S. Stocks were positive. When you add in the “slightly negative” column of declines from 0 to 10%, that adds up to about 87% positive or slightly negative.

The future could absolutely be different, and you have to ensure it fits with your individual goals.… Read More

Happy Birthday to Me – 47

Photo Jan 28, 11 56 36 AM

I may be another year older this coming weekend, but due to my healthy diet and serious martial arts since this time last year, I look and feel about 10 years younger.

I plan on being around for decades, and am continually awestruck by how fortunate I am in my life.

All my love to my family, clients, and friends.… Read More

5 Questions at the end of 2015

“I want you to be everything that’s you, deep at the center of your being” — Confucius

This is my year end video, and it is one of the most important I’ve done in some time.  It is a reminder of some of the basics and foundations of investing!

I answer 5 questions that investors are probably asking themselves right about now

  1. What happened in 2015?
  2. Is this normal?
  3. Do I have the right investments?
  4. Will next year (2016) be different?
  5. What should I do?

The Year Nothing Worked: Stocks, Bonds, Cash go Nowhere

DJIAPlease watch my video on the next page as it provides the multi-year context for 2015.

Markets go 3 directions – up, down, sideways.  This year was a “pause” year of basically sideways, and in the multi-year look, something that happens periodically but frustrating nonetheless.

Click here for the full article

The Year Nothing Worked: Stocks, Bonds, Cash Go Nowhere

Why the Bull Market in Stocks Isn’t Dead Yet

151218183150-bull-staring-down-780x439There are endless things to worry about. As a matter of fact, in my 24 years of being in business, I can’t remember a year when I wasn’t worried about something.

However, you’ve got to keep that in check. As the graph below in the next article will show, if you are constantly running from the bad years, historically you’ve missed out on the vast majority that are positive.

I think 2016 will be another one of those positive years, but if I’m… Read More

U.S. Stocks were positive 73% of the Time

pozWith an unmanaged stock market index going back to 1926, 73% of the time U.S. Stocks were positive. When you add in the “slightly negative” column of declines from 0 to 10%, that adds up to about 87% positive or slightly negative.

The future could absolutely be different, and you have to ensure it fits with your individual goals.… Read More

95 Books in 2015

Interior_view_of_Stockholm_Public_LibraryTime for my annual book review, and in 2015 I ended up reading 95 books, less than the 118 in 2014 but I also had a pretty busy year (lost 40+ lbs, started martial arts, expert in over 40 different publications, etc.).

54% were fiction 46% non-fiction. 70 of the books I rated 4 or 5 stars, so I chose well. I read 11 personal development books, 15 business, and 18 general non-fiction.

My favorite fiction was probably Genesis Extinction Point #4, which… Read More

Investments are a Journey

“Every journey in life has a destination.” — Ken Poirot

In today’s video, I share a conversation I had with a friend of mine, who is a surgeon.  How does he handle things when the surgery outcome is unknown, and in the middle of the operation if things go awry?  How do you stay calm?

What he deals with on a daily basis is the same as investments and your financial plan.  How do we keep our eyes on the big picture?  What is normal, and how do we stay calm?

One… Read More

The Most Bullish Chart has a Stock Market Crash in the Middle of It

cotd-secular-bull-marketsIt is normal for there to be corrections with a generally bullish market, which we’ve been in for 6 years now and I believe will continue.

The chart above does NOT mean our RED line will continue, as it could be the end of the bullish trend.  I don’t think so, but it’s possible.  I’ve made the argument many many times why I’ve come to my conclusion (see previous newsletters and videos going back 2 to 3 years).

We have 3 months left in the year, but more… Read More

China?

I still owe you a video on China, and how I think it’s going to impact things.

It’s tough in that we’ve never had such a large player be so guarded in it’s data.

Economists for now are continuing to be optimistic about China, predicting a positive growth for 2015 even though the markets and their currency have gone haywire.

More to come next few weeks as I complete my analysis and video on China.

Full Article

Yellen: Anticipate Raising Fed Funds Rate this Year

Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)

Federal Reserve Chair Janet Yellen recently spoke, and was very blunt about her belief that raising rates later this year is a good thing, and will in fact happen.
I’ve stated before that the markets hate uncertainty, and would rather know a bad thing than not know a good thing… Read More

Star Wars: The Force Awakens

I’ve rented an entire movie theater for a pre-release of Star War VII – The Force Awakens

I’ll be sending out invites within the next month, for clients and their friends/families.

I think this will be a hot client event for me this year.

It’s Star Wars!  And before it’s in general release! … Read More

Oil Impact

“Life is Really Simple–but We Insist on Making it Complicated” – Confucius

Over the next couple of weeks I’m going to talk about the reasons given for the market correction
1.  Plunging Oil
2.  China
3.  Disappointing Profits
4.  Trading Milestone (200 Day Moving Average)
5.  Rate Jitters

Today I focus on Oil, as it’s declined from approximately $60 in June to $40 today.  What is that indicative of, and is that a long term benefit or detriment for the economy?

I say it’s a long term benefit, and make such an argument in my video… Read More

The Most Bullish Chart has a Stock Market Crash in the Middle of It

cotd-secular-bull-markets

It is normal for there to be corrections with a generally bullish market, which we’ve been in for 6 years now and I believe will continue.

The chart above does NOT mean our RED line will continue, as it could be the end of the bullish trend.  I don’t think so, but it’s possible.  I’ve made the argument many many times why I’ve come to my conclusion (see previous newsletters and videos going back 2 to 3 years).

We have 4 months left in the… Read More

China?

china11-457x400

I’ll speak next week about China, but I’m going to admit right now that the full impact of China on the world economy and markets is unknown.  It’s simply never happened before where China is a big player on the world scene.

And they’re not very transparent.  Urgh.

But, they’re only responsible for 5% of the S&P 500 revenues, so we’ve got that going for us.

More to come next week.

Full Article – Three Things I Think I Think

Who Will Care When You’re Not There?

whocaresYou know I’m a planner deep into my soul, and that extends to ensuring my beloved pets are taken care of too.

If you’re lucky, a close family member or friend will take care of your dog, cat, bird, or other, but what if they’re unable?  What if they have a pretty big difference in how they relate with animals than you do?

I haven’t read this book yet, but will as I just ordered it a few days ago.

Have you made… Read More

The Hunt for a 21st Century Treasure Chest

primary_2

If all else fails, I guess there’s always buried treasure.

In 1988 a art and antiques’ dealer millionaire was diagnosed with kidney cancer and not expected to live.  He planned to take a treasure chest of loot out into the wilderness to die.

Then he recovered.

And decided to bury the treasure instead, and write a memoir with clues to find it.

No one has found it yet.

Full Story – 21st Century Treasure Chest

Page 1 of 2112345678910...20...Last »