This month and quarter were very poor. The markets were substantially down not just in the US but also worldwide. The result was painful losses in your portfolios. We believe these losses will reverse into gains for you but cannot … Continue reading
This month almost all of you are down a little. This quarter, you are all up a little. Both small amounts. It occurred to me that I have not explained my beliefs correctly on stocks versus mutual funds. The misconception … Continue reading
Despite the drama this month, despite who said what stupid thing, despite the international crisis because of the trade and tariff battles, all of you had a great month. The Dow is just below its all-time high. The S&P and … Continue reading
All of you had a great month. Portfolios have recovered all past upsets and are at the highest point for the year. In fact, highest point ever. Obviously, this rally will not last forever. At some point there will be … Continue reading
The market this month was essentially flat. For the quarter, it was way better than flat. Almost all of you show nice profits. The exceptions concern some clients who just started and some clients with concentrated stock positions that went … Continue reading
When I was thinking about what to write this month, I was certain the market was down. I have been hearing trade tariff this and that, the market has been swinging up and down, and clients have been calling about … Continue reading
The market was decent this month and your portfolios have been recovering well from the first quarter’s mini slump. The Dow has recovered less well than you have. You are not invested in the Dow. Today I want to discuss … Continue reading
Everyone’s portfolio is down for the quarter and flat or a little up for the month. “Say what! The market was lousy this month. How could I be flat?” So, what is going on? The Dow went down this month … Continue reading
The market continued upward this month and all of you have very nice gains. Of course, the reality is we do not know why. Market fluctuations can be blamed on a lot of things and sometimes the explanation is more … Continue reading
The market continued upward this month and almost all of you have significant gains. I have two main points to discuss. The Dow is not the market and don’t sweat the tax bill. Over the last two months the Dow … Continue reading