Market bottom? Probably not. But the Federal Reserve is awake. The Fed stepped in a week ago, and injected liquidity in the financial system. But wait: they didn’t buy Treasury Bills (like they often do). They bought mortgage-backed securities. Weird. Look, the Fed made “emergency moves” in the midst of a currency crisis and the… [Read More] Market Bottom?
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Here are some of our most recent articles:
On Friday, the Federal Reserve cut the discount rate by a 1/2 pt. They cut the discount rate — NOT the Fed Funds rate. Understand, the discount rate is the rate banks and brokers are charged to borrow from the Fed. This doesn’t change rates you and I are charged. The Fed believes the “pressure”… [Read More] How Does the Discount Rate Being Cut Effect Investors?
Football coaches never predict the outcome — they expect to win! The coach runs the best plays he can, when he’s got the ball. And when he doesn’t have the ball, he sends the defensive team onto the field. And so it should be with your investments. Trying to predict (guess) where the market will… [Read More] Wealth Preservation vs Losing Money
The market may be putting in a short term bottom here. That’s great news for traders, not so hot if you are longer term, like most folks. The short-term indicators I use, like the NYSE Hi-Lo Index and the NYSE 10-week moving average have reached pretty washed out (sometimes called “over-sold”) levels. The risk, for… [Read More] A Short Term Bottom Could Be Dangerous
So…is It Too Late To Sell? No. Not too late. Most everything remains on sell signals. One of the reasons I say this is because it’s harder to recover with negative numbers than positive numbers. Avoid losses whenever possible! Look, you tell me which is better: Harry’s money grew at 8% in year one, then… [Read More] Avoid Losses: It is Never Too Late To Sell
Is it true that high net worth investors focus only on generating the highest returns? No! The ultra-wealthy focus primarily on risk management. These people are not gamblers. The old line from Mark Twain — you should be more concerned about the return OF your money than the return ON your money — is very… [Read More] Not Losing Money is the Key to Making Money