Is This Time Different?: Bear Markets

“This time is different.”  As the saying goes, these are the four most dangerous words for an investor.  And yet every time is different. I have spent the past 35 years giving financial advice and this is now the fifth…

Coronavirus Concerns

Coronavirus concerns continue to impact the financial markets, as have all the numberless crises that have gone before it. While the potential human and economic effects are very unsettling, what actions should a prudent investor take given this new development?…

The 2010s: A Decade in Review

Imagine it is early January 2010 and you are reading a review of the financial markets. Investors have been on a roller coaster over the past three years, living through the stress of the global financial crisis and market downturn…

emotional investing

Leave Your Emotions at the Door When Investing

Emotions have a sneaky way of taking over your investment thinking. Emotional investing clouds your judgment and lead you to act in ways that are counterproductive to your financial success. Instead, investments should be evaluated on their merit. Here are…

Our 2019 Investment Outlook, Ep #78

A common question I receive is now a good time to invest?  Or what should I invest in?  I don’t have a crystal ball so I can’t time the markets (quick tip:  no one else does!).  That said, over the…

Crystal Balls and CAPE

When it comes to maintaining a globally diversified equity portfolio, relative stock market valuations should be considered when determining which areas of the market are best positioned to outperform. As noted in ‘Why have US stocks performed so well?’ and…

Where’s the Value?

From 1928–2017 the value premium, the return difference between stocks with low relative prices (value) and stocks with high relative prices (growth), in the US had a positive annualized return of approximately 3.5%.[2] In seven of the last 10 calendar…