Archive for January 2017
Heroic Hindsight
For those of you with perfect hindsight, 2016 was a financial feast! You invested in natural gas, which jumped 57.6%, diesel fuel, which bounced 53.8%, and crude oil, which rose 45%. You also brilliantly invested in the Brazilian stock market, which shot up 45% and went long on orange juice, up 34%. Smartly, you also…
Read MoreAmateurish Advice
Today, 49% of firms in the S&P 500 are rated as “buy”, 45% are rated as “hold” and just 6% are rated as “sell”. This is a travesty! This past year, despite being a good one for equities, 30% of S&P 500 companies yielded negative returns. Stock analysts’ advice should be taken with at least…
Read MoreFinancial Fitness
For the health of your financial portfolio I recommend three things. Don’t listen to expert predictions; experts can’t forecast the future any better than you. Next, fees paid to financial advisors/managers reduce your return. Make sure you are getting value for the fees you pay. Lastly, rebalance your portfolio based on the asset allocation that…
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