The Coronavirus is spreading. Countries and cities are in lockdown. Our government and businesses are encouraging their employees to work from home, and senior citizens are advised not to leave their houses. It’s a dark and dire time for the global community, so how can you make the best of a bad...

Can You Afford a 50% Loss?

by Bill Parrott on
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Global stock markets are selling off, oil is crashing, and the Coronavirus is spreading. Year-to-date, the Dow Jones is down about 15%, and things can get worse before they get better.

No one wants to experience a significant drop in stocks, but they do occur. Over the past fifty years, there...

A Day in the Life of a Market Correction

by Bill Parrott on

Global stocks continue to fall, and each morning I wake up to check to see what the markets have in store for the day. I look at my phone (AAPL, T) to view the latest news. I turn on my TV (SNE, TWX) to watch CNBC (CMCSA).  While watching CNBC (CMCSA), I scan my email accounts (GOOG, MSFT, WORK). ...

Too Late to Sell?

by Bill Parrott on
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The Dow Jones is down 18.8% for the year, so is it too late to sell? Investors have sold $34 billion in equity mutual funds and $17 billion in bond funds as they seek safety from the rout in global assets.[1] The news is ominous, and the headlines are bleak. Investors are voting with their dollars...

There Will be Blood!

by Bill Parrott on

There Will be Blood, a 2007 movie starring Daniel Day-Lewis, is based on Upton Sinclair’s book Oil!, published in 1927. Mr. Sinclair’s novel dealt with the struggle of greed and fear that many faced in the early days of the oil industry in Southern California. If Mr. Sinclair were writing his book...

I received a text from a young man who wanted help with his investments. Jackson is in his early twenties, married, and a business owner. New to investing, he asked several great questions. He is excited to start generating his wealth, despite the current economic environment.

Jackson is a man...

7 Reasons to Sell Stocks

by Bill Parrott on

The Coronavirus is winning; global stock markets are losing. The Dow Jones is down 7.5% for the year, and volatility has spiked. In uncertain times, investors sell stocks to buy safe investments like U.S. Treasuries, CDs, or money market funds. Investors are seeking a port in the storm.

Does it...

Do you remember July 7, 1986?

by Bill Parrott on

Do you remember July 7, 1986? I don’t. I was probably concerned with three things. Was I going to the beach? Were the Dodger’s winning? Where was I going to eat lunch?

On July 7, 1986, the Dow Jones dropped 3.3%. I’m sure the newspaper headlines were full of doom and gloom. The “experts” were...

How to Survive a Stock Market Correction

by Bill Parrott on
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The Dow Jones Industrial Average continues to ascend to new heights.  The higher the market climbs, the more noise you’ll hear about a stock market correction.  At some point, those calling for a market correction will be right.  Stock market corrections are typical and occur about every three to...

A 1% World

by Bill Parrott on

Interest rates continue to fall. U.S. Treasury investments with maturities from one month to thirty years are now yielding below 2% as investors pursue safety. The Coronavirus is generating global economic uncertainty, and our government bonds are benefiting. 

The ability to generate current...

A Billion Dollars A Year

by Bill Parrott on

How would you spend a billion dollars? Would you create a foundation? Would you run for President? Would you try to send a rocket to Mars? Would you purchase priceless art?

The top five hedge fund managers last year earned more than a billion dollars in salary, with an average pay of $1.48...

China and Emerging Markets

by Bill Parrott on

China is closed. The world’s second-largest economy is shut down due to the Coronavirus, and life is at a standstill. According to several news reports, the number of deaths from the virus has now surpassed the number of deaths from SARS – a frightening thought, and the uncertainty is making the...