Investing Why Don’t More People Smoke? Posted on August 30, 2019 By Matt Another prominent figure in the world of finance has declared passive investing a bubble. Josh Brown has a good take on this here, saying that active investing is the true bubble. I don’t think you can declare a decades-long phenomenon (as both active and passive investing have achieved) a bubble, but we… Read more
Fun with TINA Posted on August 28, 2019 By Matt I’ve heard today’s investing environment described as TINA. There Is No Alternative. I don’t necessarily agree that this is the case, but the argument goes something like this: US Treasurys yield around 1.50% The rest of the world is yielding zero (or less!) US stocks yield 2% and the US… Read more
When the Recovery Will End, Emotion, Controversy Posted on July 5, 2019 By Matt When Will the Recovery End? (Spoiler Alert: It’s Already Over) After 10 years, surely the end of the recovery is near? I still see investment products pitched with this kind of wording. It turns out that the recovery ended 84 freaking months ago. Since then, we’ve been in expansion. 84… Read more
Investing Zombie Apocalypse? Posted on June 21, 2019 By Matt The bull market is (take your pick): in the late stages of the market cycle in the late innings long in the tooth Let’s get another cliche out of the way and say that bull markets don’t die of old age. Are we headed for a recession or a bear market? … Read more
Investing Do It Yourself or Visit the Barber? Posted on June 17, 2019 By Matt Feed your kids when they are hungry. Clean your kids when they are dirty. That’s all that should be written in stone when it comes to parenting and even that cleaning them thing is not necessarily correct 100% of the time (I was the kid that would go straight back… Read more
Investing ONE TRILLION DOLLARS *pinky* Posted on May 17, 2019 By Matt The Trade War™ wiped over ONE TRILLION DOLLARS from the stock market on Monday. Will the market ever recover from this disaster? It turns out that a trillion bucks ain’t what it used to be. Financial reporters showed Monday’s market movement as -2.41%. Financial entertainers breathlessly echoed the ONE TRILLION… Read more
Investing Don’t Let the Kentucky Derby Pick Your Advisor Posted on April 30, 2019 By Matt Horse racing can be a lucrative business. This year’s Kentucky Derby winner will bring home $1.86 million. The first Saturday in May is the only time America (outside of Kentucky) pays attention to horse racing. This might be stretched out to several weeks if the same horse wins the Preakness… Read more
Investing Where Are We in the Current Cycle? Posted on March 19, 2019 By Matt Glad you asked! This is such a great question. It makes you look smart for asking it. You recognize that the market is cyclical and your question implies that you’re so savvy that you can sync your investing to take advantage of the market’s ebbs and flows. You’re a force… Read more
Investing Golden Paw of Fairness Posted on March 14, 2019 By Matt My older son’s school celebrates a positive trait each month (respect, courtesy, etc) and recognizes students that embody the month’s trait at an assembly. For February, William earned a golden paw award for fairness. I keep thinking about this because while William may display fairness to his fellow students, life… Read more
Investing The Classic Bear Bottom Posted on February 27, 2019 By Matt As I toasted a bagel in the kitchen at Fairway this morning, I heard a talking head on TV describe the Christmas Eve market drop as a “classic bear bottom”. A couple of the show’s co-hosts nodded sagely in agreement, but one pressed him. You recognized this as the bottom? … Read more