I’ve written about forecasting in the past. Specifically, how forecasting is relatively useless in the context of creating or changing an investment portfolio. No one has a crystal ball, and no one knows what’s going to happen next. It only takes one look at the...
Are you searching for answers to your wealth management questions? Do you find yourself sitting in front of Google typing in questions like these? What is Private Wealth Management? Best financial advisor near me Best Wealth Management Firms If you do, no doubt you...
I want to take you back to a moment in time, specifically the first trading day of 2016 when the Dow closed at 17,149. Remember January 2016? No? By February 11, 2016, the Dow had sunk to a level of 15,660. Right around a 15% drop in value. People were panicking and...
Last year was a crazy market for many reasons, but one thing that really stood out was the IPO market. The 2020 IPO landscape The 2020 IPO market completely closed in the first part of the year as COVID uncertainty set in but then opened back up with resurgence in the...
If you bought something at $10 and it increased to $40, you would have made $30…a 300% profit. But if the price then went from $40 to $30, did you lose 25%? Depends on your mindset. I’d argue that while you lost 25% off the high, you still have a 200% return if...
