Description: One of the toughest lessons I’ve learned in life either as a parent, entrepreneur or portfolio manager is when to act and when not to act. I’ve come to the realization, quite often the hard way, that there are times when we do not have real control over certain events and/or circumstances and that… Read more »
Posts Categorized: Personal Finance
Description: The U.S. stock market is partying like it’s 1999. Source: Bloomberg.com – video report Date: Nov 25, 2016 Link: https://www.bloomberg.com/news/articles/2016-11-25/u-s-stocks-rise-to-record-as-trump-rally-goes-on-for-third-week Questions for Discussions: Summarize what has happened in markets recently and the reasons presented in this report. Do you think this is a start of a Santa Claus rally?
Description: His 1999 thought on annual returns were on point. Source: Fortune.com – video report Date: Nov 22, 2016 Link: http://for.tn/2gec1Cj Questions for Discussions: What were Warren Buffett’s predictions? Why do you think he was able to be so accurate? Do you think a 6% return is “fair” return to investors?
Description: CHAPEL HILL, N.C. — Gold will have to decline even further before contrarian analysis flashes a buy signal. Source: MarketWatch.com Date: Nov 24, 2016 Link: http://www.marketwatch.com/story/why-gold-hasnt-yet-hit-bottom-2016-11-23 Questions for Discussions: Summarize what is happening in the gold market? What do you think will happen in the near future?
Description: Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. Source: NYTimes.com Date: Nov 24, 2016 Link: http://www.nytimes.com/2016/11/24/business/wells-fargo-asks-court-to-force-customers-to-arbitration-in-fake-accounts-cases.html?ref=business&_r=0 Questions for Discussions: What are the managerial and… Read more »
Description: But will policy confusion spoil the celebration? Source: Fortune.com – video report Date: Nov 18, 2016 Link: http://for.tn/2fJZ2VM Questions for Discussions: What does the report say about market perceptions of economic conditions at this time? What do you think the Trump administration will change and how will this play out in stocks and bonds?
Description: Donald Trump’s shock victory over Hillary Clinton in the presidential race has implications for all sectors of the economy, from the highly regulated health care, energy and financial sectors, to the much less-regulated tech sector that makes most of its parts and products overseas and employs many foreign workers. Source: MarketWatch.com Date: Nov 18,… Read more »
Description: Brookfield Asset Management Inc. is selling off assets and paying down bank lines after an eight-year bull run in stocks and bonds near highs, joining investors such as Warren Buffett and Canada’s Prem Watsa in accumulating cash. Source: Bloomberg.com Date: Nov 11, 2016 Link: http://www.bloomberg.com/news/articles/2016-11-11/brookfield-ceo-says-cash-is-king-after-8-year-stocks-bull-market Questions for Discussions: What does the article say about… Read more »
Description: Financial planner Timothy LaPean is watching a wave of fear and confusion sweep over clients after Donald Trump’s stunning election as U.S. president. Source: Bloomberg.com Date: Nov 09, 2016 Link: http://www.bloomberg.com/news/articles/2016-11-09/is-trump-going-to-mess-with-your-investments-six-tips Questions for Discussions: What advice is presented in this article? Do you think most investors will follow this advice?
Description: After a sharp sell-off overnight in Asia, markets staged a recovery on Wednesday as investors shook off the shock of a Donald J. Trump presidency and began to focus on whether his mix of policies could spur a still-fragile global economic recovery. Source: NYTimes.com Date: Nov 10, 2016 Link: http://www.nytimes.com/2016/11/10/business/dealbook/stock-markets-election.html Questions for discussion: How… Read more »