Just read an Op Ed in the WSJ from Burton Malkiel about where to put your money in 2012. At least he starts off admitting that it is virtually impossible to make short term forecasts: Presenting an annual investment outlook is a hazardous task. At the start of 2011, investors were warned to eschew the […]
Just read an interesting column from Bob Veres in Financial Planning magazine. He is talking about how more and more advisors are adopting a tactical approach. While he doesn’t say it is a bad thing he worries that because advisors have trouble predicting where returns, the economy, inflation, etc will be they will have trouble […]
2011 ended right around where it began, but that doesn’t begin to tell the whole story of what happened this year. I cannot remember another year that has this many twists and turns only to end up going nowhere. As I look back over the year and forward to 2012 a couple of things come […]
Just saw this article in the WSJ this morning: Overlooking adviser warnings that it can be an investment no-no, a growing number of investors are saying yes to whole-life insurance. The reason: The promise of guaranteed returns. The number of whole-life insurance policies sold was up 6% this year through Sept. 30, according to the […]
What’s Really Driving This Crazy, Mixed-Up Market Not really all this stuff. Markets don’t go down in a straight line or up in a straight line, they have trends and countertrends. The dominant trend could be down but you will still get massive moves in the opposite direction, like today so far. Yes you usually […]
Forget About Italy and Greece, Spain Next on Agenda We have long said that the risk vs. return potential for this market is heavily weighted toward the risk side. We could get some more upside here but it would likely be capped by all of these problems in Europe. On the other hand, the downside […]
CFP Board Sees Bankruptcies Spike Among Planners Don’t take advice from an out of shape personal trainer, a sick doctor, or a bankrupt financial planner.
From the WSJ this morning: Buying Bonds for Love of Country . By DAVID ENRICH and SARA SCHAEFER MUñOZ LONDON—Unable to issue debt at affordable prices to professional investors, European governments and banks increasingly are turning to their citizens and customers for help. Through post offices and bank branches, governments and financial institutions in struggling […]