Blogger’s Note: This article was originally written in September 2009 as an email to clients. Here are a few excerpts from an article in this month’s Financial Planning magazine entitled: Better Than Nothing: Clients are piling up cash for both anticipated spending needs and future opportunities. But where do you put it? In the country (Continued)
Blogger’s note: Amended version of an email sent to clients in March, 2009. I came across this interesting statement in one of the most successful investment newsletters of the past 25 years: “Prudent investors keep a minimum of the next couple of year’s worth of living expenses out of the market.” Really!?! Other than from The (Continued)
I hate to be alarmist. And no, I am not trying to manipulate you through fear. In fact, my only concern is to protect you and your wealth from the vagaries of the financial markets and the appetite of the ever-expanding government. Recently some news reports have come out stating that the government is considering (Continued)
Blogger’s note: This message was originally sent out in July, 2008, at the height of that year’s market meltdown. During times of economic and market turmoil like we are seeing today, I invariably get asked: “Is it time to cash out and head for the hills?” What they are really asking is what does the (Continued)
Diversification, don’t put your eggs in one basket, and spread your risks. What do all these expressions mean? I can tell you it does NOT mean what most brokers and financial advisors say it does . Real diversification is what percentage of your money is in “risky” investments versus what is in “guaranteed” accounts. Risky (Continued)