Generosity Wealth Management
BlogEmpty pockets never held anyone back. Only empty heads and empty hearts can do that. – Norman Vincent Peale
Generosity Wealth Management provides you with the information you need to stay abreast of the top financial news. If you ever have any questions, you can reach out to us directly.
Recent Market Activity
"Our greatest glory is not in never failing, but in rising every time we fall" - Confucius The last few days have seen lots of headlines and news about the markets, and you may be wondering what this all means. History has shown that investors are rewarded for steady...
2017 Review and 2018 Thoughts
"Happy Families are all alike; every unhappy family is unhappy in its own way" - Leo Tolstoy in Anna Karenina There is plenty to be happy about this year, as almost across the board the unmanaged stock and bond market indexes were up. International markets as...
2017 3rd Quarter Review
"To know what you know and what you do not know, that is true knowledge" - Confucius The 3rd quarter of 2017 is over, and it was another good one. Practically every non-managed stock market index was up, in almost every sector. The markets perform in...
2017 2nd Quarter Review
"If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people" - Confucius The 2nd quarter of 2017 is over, and it was a good one. Practically every non-managed stock market index was...
2017 1st Quarter Review
The first quarter of 2017 is over, and it was a good one. The "Trump Rally" continued almost unabated, and new records for the unmanaged stock market indices were made most weeks. It's nice to have a "tail wind" behind you in your investments, but one quarter does...
Gold is a horrible Portfolio Hedge
For the longest time I've counseled against gold as a part of a client's portfolio. I've heard all the arguments ("it's a hedge against inflation", "it lowers the volatility", it's real versus paper"), and I discount every one of them. The problem with Gold is that it...