The Recovery is Real The stock market is powering higher even as the backdrop for stocks continues to be scary. Individual investors are watching the news and are understandably terrified. The market is near all-time highs, but it is almost entirely due to just a few of the “stay at home” stocks. The ever pessimistic […]
Don’t Fear The Reaper Blue Oyster Cult’s iconic lyrics continue to hold true today. They were my very first concert in 1975, along with Mott The Hoople, which was a great show. There is one song however, that could be the theme song of today’s investors, “Don’t fear the Reaper”. The level of fear prevalent […]
What Does The Declining Dollar Mean to Your Portfolio?
What Does The Declining Dollar Mean to Your Portfolio? The US Dollar (DXY) has been dropping, and this has a lot of investors very concerned. Many people feel that the Fed’s “money printing” antics to fight the downturn will create hyper-inflation not seen since 1930’s Germany. It is certainly true that increasing the amount of […]
Today Vs. The 2000 Dot-Com Bubble There has been a lot of chatter lately comparing today’s stock market with the tech Dot-com bubble of 2000. Investors are understandably nervous, because technology has propelled this market just like it did in 2000, which ended in a bear market crash. However, there are similarities. The current bull […]
Doomscrolling Can Kill your Portfolio There’s a new phrase thanks to Covid-19. It’s called “Doomscrolling”. The name derives itself from the irresistible urge to binge on the doom-and-gloom news. Since the pandemic began, screen time has jumped over 50%. Experts are now warning that doomscrolling can take a significant toll on our mental, and physical […]
Stocks Are Cheap… Really? I know it’s hard to believe, but stocks really are cheap…or at least not drastically overvalued as many believe. As the major indexes have risen steadily since the crises began, a widespread fear has emerged that stocks must be overvalued simply due to their steady upsurge in the face of a […]
A BRIEF HISTORY OF 4TH OF JULY FIREWORKS We are all getting ready to enjoy another birthday for our great nation, most likely with some form of fireworks to compliment the celebration. As I was looking up at the exploding, multicolored exhibition, I thought to myself: “This is a pretty strange tradition. Where the heck […]
The Status of RMD’s for 2020 There has been a tremendous amount of confusion over what Congress intended to say about taking Required Minimum Distributions (RMD’s) from your IRA for 2020. Let me try to clarify: The CARES Act enacted by Congress in the wake of COVID19 allows any taxpayer with an RMD due in 2020 from a defined-contribution […]
And the Beat Goes On Another week, another surprise. Barely a day goes by without a question from a client on how this stock market rally, which I have dubbed the Genesis Bull Market, can possibly sustain the gains given the level of economic turmoil. It is critical to remember that the market does just […]
Emotion and Your Investments – Where is the Market Going?
Emotion and Your Investments – Where is the Market Going? We all know emotion and investing don’t mix. Ya right, good luck with that one. I can’t imagine a more emotional year than this one and anyone who tells you it’s easy to separate the two has been quarantined a little too long. When […]