With the nice rebound we've had the past few days, we might assume that things are back to normal. Are we? Even before the meltdown, I've been cautioning clients that volatility is going to be with us. So be prepared...
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A Real Story
It was a beautiful October day in 1987 with sunny skies and a brisk hint of autumn chill in the air. I had been visiting people to speak to them about the wonderful opportunities of investing when I heard on...
Why All The Fuss
One might rightfully ask, "Why talk about stock market declines in the concern of Business Succession planning?" I do it for several reasons. First, it is important for all business owners to realize what would happen if you were...
The Stock Market Freefall Part Two
Since my last entry, the stocks fell 538 points Friday and another 588 points today. Let me add on to what I said last week. China's near recession and drop in its growth is certainly a big factor. However, we...
Stock Markets Drops Explained
358 point drop in the stock markets in a day! Investors are understandably frustrated and worried. Why is this happening? We can begin to explain this in one word: UNCERTAINTY! The stock markets HATE uncertainty. This is understandable because it's...
The A’s and B’s Of Risk
I'm sure you've heard, "Yes that investment is risky." Yes all investments are risky. However, don't settle for that statement without digging into a few key indicators that show the true risk. Do your A's and B's of risk, the...
The Price You Pay
There are three ways a mutual fund company can charge you, the investor. There is either a front-end sales charge, a surrender fee and there is always a management fee. The easiest to explain is the management fee. This...
What Should You Look For?
There are four factors investors should keep in mind when discussing investments One would be wise to consider risk factors, performance, longevity of portfolio manager and the asset class. In future posts we will be discussing the three factors...
Try Not To Be Pennywise and Pound Foolish
There are fees associated with all forms of investments. The message today is to try not to solely focus on fees. Here's an interesting experiment I did with a client. Suppose you could invest in FUND A that charges...
No Such Thing As A Free Lunch
Last week I had an interesting conversation with a prospective client. He said, "Why do I need a person like you when I can find my own investment and not pay any fees or charges?" I asked him specifically if...