It’s hard enough to deal with the loss of a spouse on an emotional level. For many widows/ers though, their new financial reality can be even more intimidating. Even after losing parents, asset management is important even if you will not be in a mental state to do it. However, with the help of lawyers […]
One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress. – Daniel Kahneman, “Here we go again” North Korean nuclear test, a quickly slowing Chinese economy, Apple stock plummeting after iPhone production cut, rising […]
Market pundits including yours truly, have been talking about the Federal Reserve raising interest rates for what seems like an eternity. With rates at record low levels, it makes sense that the only direction they can go is higher. The question is not only when they will start to rise, but how investors should position […]
http://www.marketwatch.com/story/you-cant-predict-your-portfolios-futureso-do-this-instead-2014-12-23?fb_action_ids=10152443084336292&fb_action_types=og.shares “Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.” — Peter Drucker It’s easy to predict which way the market will move, correct? I have been inundated with client emails with doomsday articles on how the stock market […]
http://www.marketwatch.com/story/should-pre-retirees-lower-their-expectations-2013-12-23 Travel to Europe and the Far East. Take up golf. No question that with more free time your retirement years can be costly. I have been on the radio circuit of late promoting my book “Retirement GPS: How to Navigate Your Way to A Secure Financial Future with Global Investing” (McGraw Hill), and have […]
When meeting with prospective clients I try and get a feeling for how much risk they are willing to take. When I start asking about their risk profile the most common answer I hear is “conservative.” From my very unscientific study it would seem that the overwhelming majority of investors are conservative. But with over […]
With just a few weeks left in 2015, it’s time for investors to make some portfolio adjustments that can create tax savings and get their portfolios ready for the upcoming year. So far this year, markets have behaved in a roller-coaster fashion. Whether you have realized gains or losses in your portfolio, some tactical moves […]
Hard to believe but in a few days the holiday of Hanukah begins. This past week, in what used to be contained just to the United States, consumers around the world were blitzed with black Friday and cyber Monday advertisements. They were urged to whip out their plastic and start shopping because, well, everything is […]
Whether you have realized gains or losses in your portfolio, some tactical moves now can end up saving you thousands and thousands of dollars With just a few weeks left in ’15, it’s time for investors to make some portfolio adjustments that can create tax savings and get their portfolios ready for the upcoming year. […]
http://www.marketwatch.com/story/dont-let-overconfidence-define-your-risk-profile-2014-11-18?mod=mw_share_facebook&n_play=546bb763e4b0205dc5c26b04 Financial advisers spend a lot of time trying to understand a client’s risk profile. They often employ questionnaires that ask myriad questions to try and pinpoint the time period of an investment, investment knowledge and how one would react in various market scenarios. The problem with these questionnaires is that they only paint […]
