What is risk? Risk as defined in financial planning is simply the likelihood that something unexpected happens, which meaningfully impacts the price of a security. That unexpected event could be positive or negative. A company being heavily damaged by a … Continue reading
The market this month was fairly flat or up a little depending on what index you are looking at. The year to date, of course, is up huge. In past newsletters we have talked a lot about the dangers of … Continue reading
People often talk about the Dow Jones when they talk about how the market is doing. The Dow, however, is not the market. It is an index. Not even a very good one but everyone uses the Dow number. There … Continue reading
The stock market in May was good. The Dow went up about 655 points or 1.9%. In this newsletter we will discuss what an asset is and common examples of different types of assets. An asset is anything you own … Continue reading
The stock market in April was very good. The Dow went up about 900 points or 2.7%. In this newsletter we are going to be discussing confirmation bias. However much we wish to believe otherwise, human beings are not always … Continue reading
The market has been very strong recently. In March, the Dow went up over 2049 points or 6.6%. For the quarter, the Dow went up 2375 points or 7.76%. Most clients made money last month and quarter. We would advise, … Continue reading
The stock market in February went up about 950 points or 3.17%. What is very interesting is that some people believed the market went down or was flat. That leads into the topic of this newsletter, which is the recency … Continue reading
The market went down about 620 points in January or about 2%. 2% is not a big deal. The market will likely recover from that quickly. Given that the group WallStreetBets caused a short squeeze of Gamestop and various other … Continue reading
The stock market is up about 1,000 points for the month or 3.27%, 2,900 points for the quarter or 10.17%, and 2,200 points for the year or 7.25%. Both numbers are before dividends. Despite the wild fluctuations that we experienced … Continue reading
The stock market in November was fantastic. The Dow went up over 3100 points or 11.7%. Despite the pandemic and the chaos in the world, the market is actually up for the year (1055 points or 3.7%), which illustrates clearly … Continue reading