The presidential election is less than forty days away, and investors are getting nervous.

Forty days before the 2016 election, the markets remained relatively quiet, and the S&P 500 barely budged – falling .54% from the end of September to election day. Volatility spiked fifteen days before the...

The passing of Justice Ruth Bader Ginsburg is a tragic loss. I learned about her life from the movie On The Basis of Sex, and I've enjoyed reading the recent articles about her accomplishments. She opined on many issues, and one quote from a 2017 interview with the BBC particularly stood out to me. ...

Hope is in short supply, and people are hurting. We're battling a global pandemic, fires, floods, racial tension, economic uncertainty, and political turmoil – dark days, indeed. It's hard to imagine it getting better, but it will. Try to find the good among the bad. Mr. Rogers once said, "When I...

Do You Need To Beat The Market?

by Bill Parrott on

Investors want to crush the stock market, and rightfully so, but is it necessary? Must you beat the stock market to reach your goals? Since 1926, the S&P 500 has generated an average annual return of 10.1%. If you earn 10% per year, your money will double every seven years. Allocating all your...

Our Fifth Anniversary

by Bill Parrott on

It's been five years since I started my investment firm, Parrott Wealth Management, and, so far, so good. At age 50, I was tired of working for others, so I acted on faith and started my own company. According to Entrepreneur, my odds of survival were 50/50.[1] The author of the article said...

A Biden Victory?

by Bill Parrott on

According to the recent Quinnipiac poll, Joe Biden is leading Donald Trump by 15 points – 52% to 37%.[1] Of course, much can happen between now and the election on November 3, but if the trend continues, Mr. Biden will likely become the 46th President of the United States. 

Investors are...

Forever?

by Bill Parrott on

Exxon Mobil is leaving the Dow Jones Industrial Average after 92 years. They joined the Dow in 1928, and it's considered one of the bluest of blue chips – a stock to own forever. Salesforce will take its spot. It's not the first perennial holding to be substituted by a newer, swankier company...

What Is a Stock Split?

by Bill Parrott on

Tesla and Apple are splitting their shares, sending their stock prices higher. Wall Street, Twitter, and CNBC spent the last week or so commenting on the benefits of a split. What does it mean when a company decides to split its stock? Nothing.

What is a stock split? Let's say you own 100 shares...

101 Financial Plans

by Bill Parrott on

101 Dalmatians™ was a favorite movie for my daughter, and we often watched it together as the dogs battled their Villain – Cruella de Vil. If you owned 101 dalmatians, I would think you'd learn a thing or two about raising dogs.

Since I started my financial planning and investment management...