by admin | Jun 14, 2013 | Archives
For the second year in a row, we have fires locally that are endangering people’s homes and lives. I must say, it is a useful reminder to all of us as to the relative importance of many things in life. I have heard it said that nobody on their deathbed spends any time...
by admin | Jun 3, 2013 | Archives
The market was busy last month doing what it does best…..overreacting. Bonds fell 2 per cent in value in one month. Annualize that fall and you see what a huge drop that was for the “safer” asset class that investors consider bonds to be. By the end of the...
by admin | Apr 26, 2013 | Archives
Sir Isaac Newton came up with the rule of physics that what goes up must go down. As a law of physics, it makes perfect sense. As a rule for investing, it is backwards! Markets have an upward bias that should be of great concern to the experts known as perma bears due...
by admin | Apr 18, 2013 | Archives
Brokers often sell their clients a new offering of a closed end fund. These are essentially mutual funds that have a limited number of shares which are not redeemed by the fund company but are sold like stocks on the secondary market. So, rather than redeeming your...
by admin | Mar 1, 2013 | Archives, Capstone, View on Market
by Ted Schwartz As we near new “all-time highs” for the Dow Jones average, the financial services community seems about to throw a party. I say leave the champagne on ice! I don’t want to be a curmudgeon, but….. The very lowest bar for any investor is the rate of...