As the stock market has climbed over the past few weeks, I’ve lightened up on some of our bigger winners simply because they’re pretty stretched at this point (sell high). But I’m also always looking for new opportunities in stuff that’s gotten roughed up in which to invest (buy low). I used the big rally…
How Long Can the Rally in Stocks Continue?
In short, things look clear to continue another year or two, and possibly longer but it’s just too tough to see out beyond that right now. I am becoming increasingly concerned about stocks in the short-term though. The Volatility Index (VIX), which measures expected volatility of the S&P 500 over the next 30 days, is…
Retirement Planning – Part 2: Planning & Transition
A wise man once told me “if you don’t know where you’re going then you’re lost.” I think this statement just about sums up retirement planning for most people. Now there’s certainly something to be said about not having responsibilities to tie you down each day in retirement but the basis of building a solid…
Retirement Planning – Part 1: Saving & Investing
This is the first post of a new series I’ll be writing on retirement planning, covering everything from saving for retirement to some of the best retirement strategies I’m using today with clients. There’s a saying in financial planning that the answer to every question is always “it depends” because everyone’s situation is different. And…
How to Get the Most out of Your Venture
I just finished a fantastic book from 99U, an organization focused on helping people make ideas happen, called Maximize Your Potential: Grow Your Expertise, Take Bold Risks & Build an Incredible Career. It’s a collection of short chapters from various specialists making it a very easy read. The cool thing is that even if you’re…
Stock Market Update – Where are we Heading from Here?
I’ve spoken with a few people over the past week about what’s going on with stocks so I figured it would be a good idea to post this video for everyone discussing why we can’t push higher right now. Enjoy! -Nick Like what you see here? It’s easy to subscribe using the box in the…
Update on Big Cable
Earlier this year I wrote about my concerns for the big telecom and cable companies, as it seems inevitable that their sources of revenue will be cut dramatically as everything transitions to the internet – or they’ll have to cut fees to stay competitive. A friend sent me this article last week titled: Yes, Netflix…
And the Takeovers Continue
It was announced last night that activist investor Bill Ackman of Pershing Square Capital Management and Valeant Pharmaceuticals were teaming up in an attempt to takeover Allergan. Allergan, which is one of our larger growth holdings, was up 6% yesterday and is currently up another 15% today, as of this writing. I love a takeover…