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Afraid of New Highs?

Posted by on Nov 21, 2019 in Faith in the Future, Investment Principles, Serious Money Talks, Stock Market | Comments Off on Afraid of New Highs?

In an earlier post I talked about one of the media narratives that prices are too high to remain optimistic about the market. And now the market's even higher, so now the scenario may seem even more foreboding. Before I suggested three considerations in response to possible fears. Let's expand on those considerations here.

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Be Wary of Election Year Narratives

Posted by on Sep 18, 2019 in Faith in the Future, Investment Principles, LifeBoat Drills, Serious Money Talks, Stock Market | Comments Off on Be Wary of Election Year Narratives

Clearly election season is upon us. How do we know that? Well, of course the Democrats are debating and campaigning in order to secure a presidential nominee. Also, President Trump’s rallies are occurring more frequently in swing states. These are the obvious cues. There are also less obvious cues.

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What’s not important now? What is?

Posted by on Aug 27, 2019 in Faith in the Future, Investment Principles, LifeBoat Drills, Serious Money Talks, Stock Market | 0 comments

Market volatility has once again made headlines. What's important to know and understand?

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What Resonates with You?

Posted by on May 13, 2016 in Faith in the Future, Serious Money Talks, Stock Market | 0 comments

The investment philosophy of our Serious Money Approach rests upon 3 key principles: Faith in the Future Problems get solved even if we can’t predict how it will happen. Patience Problems get solved even if we can’t predict when it will happen. Discipline Doing what almost always works and not trying something that hasn’t. I want to illustrate how the three principles work together to form our unifying approach to investing. The first part of the illustration involves a bit of work on your part:  think of a recent news events...

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Is the market just like a casino?

Posted by on Apr 26, 2016 in Faith in the Future, Investment Principles, Serious Money Talks, Stock Market | 0 comments

With the market enjoying a significant rally for the past two months following a big downturn in the market at the beginning of the year, I’m reminded of a statement made to me years ago by a worried investor: “The market is just a big gamble, like a casino.” It is true that the market can gyrate up and down, and it is true that the movements can appear to be random, and it is also true that we tend to remember our losses more than our gains. However, I want to explain (just as I did to the worried investor years ago) why the stock...

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The Market Rebounds: Is the correction over?

Posted by on Mar 18, 2016 in Faith in the Future, Serious Money Talks, Stock Market | 0 comments

You may remember how the market began 2016. I used the word “dreary” in my newsletter of January 16, 2016. It is now two months later and we are witnessing a big rebound in the market, such that, as I write, the market has erased its entire negative performance for the year and we are now in positive territory for 2016. I ended my January newsletter with three lessons that I have learned during my 35 years as a financial advisor, lessons that I am pleased to repeat. First, corrections and Bear Markets do end; Second, declines are...

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The Correction (and Progress!) Continues

Posted by on Mar 2, 2016 in Faith in the Future, Serious Money Talks | 0 comments

Last month’s newsletter explained that the market is currently in a correction mode. Since then, the market has been up, then down, and up again. There is no good way to determine whether the correction is now over, and until we can be sure, let’s assume that the correction is continuing. In January I attended the third Abundance360 conference in Los Angeles. The room was packed with entrepreneurs who are creating the future—literally–with their software, hardware, and new exponential technologies. It is difficult to leave the...

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Let’s talk about this correction…

Posted by on Feb 1, 2016 in Faith in the Future, Investment Principles, Serious Money Talks, Stock Market | 0 comments

As I write this on January 19, 2016, the stock market ended 2015 and began 2016 on a dreary note, declining 10-12% in value. This is a market correction, the type of market condition that I’ve written about in several recent newsletters and in my 2013 book, The Serious Money Train (from which I will take the liberty of quoting freely).  At this point in the cycle, we don’t yet know if this correction will remain a correction or decline further and become a full-fledged Bear Market. If you think of your lifetime investing journey as a...

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A (Fake) Market Update for Serious Money Investors

Posted by on Nov 19, 2015 in Faith in the Future, Investment Principles, Serious Money Talks, Stock Market | 0 comments

Many of us have wondered how and why the news media attributes daily market performance to some relatively ephemeral news event (e.g., “the Dow was down 250 points today on news of a poor employment report…”) when common sense tells us that millions of investors nationwide could not possibly have responded to the same report in the same way. Those of you who have asked me this question generally get a response that goes something like “Well, don’t forget, the business of news is to sell news even when there isn’t any news. If...

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2015 Fund Distributions and Your Taxes

Posted by on Nov 4, 2015 in Investment Principles, Serious Money Talks, Stock Market | 0 comments

It is that time of the year when your mutual fund companies are notifying us of their expected capital gains distributions for 2015. Many of the distributions are expected to be significant, which will have implications for the tax return you will be filing in 2016. With this in mind, let’s spend a little time to make sure we understand why these distributions occur and how they will impact all of our tax bills. What Are Capital Gains Distributions? During the course of the year your mutual funds buy and sell shares of various companies....

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