Talk to me Goose.

by Bill Parrott on

Thirty years is a long time.   It is hard to conceive that 30 years ago was 1986.  1986 brought us Top Gun, the Chicago Bears and the Challenger Space Shuttle tragedy.  

Today, the yield on the United States Treasury thirty-year bond is 2.61%.  It is hard to imagine investing in this bond today and...

The Natural.

by Bill Parrott on

The Natural is one of the greatest baseball books of all time.   The Natural was written in 1952 by Bernard Malamud and later adopted into a movie starring Robert Redford.   Roy Hobbs is a young man with a gift for throwing fastballs for strikes.    Roy Hobbs was nineteen when he was shot in Chicago...

It is time to sell. Everything!

by Bill Parrott on

Is it time to sell everything?  You should not sell everything but you may want to sell something.  The stock market continues to underwhelm in 2016 and this trend looks like it may remain in the near term.   The fear of the downside is real and growing among investors especially if you pay...

There Will be Blood!

by Bill Parrott on

There Will be Blood is a 2007 movie starring Daniel Day-Lewis.   The movie is based on Upton Sinclair’s book Oil!   Mr. Sinclair’s great book was published in 1927 and dealt with the struggles of greed and fear that many faced in the early days of the oil industry in Southern California.   I am sure...

Call the put and put the call.

by Bill Parrott on

The stock market is being less than kind to investors this calendar year.  

What do you do today if you are anxious about a further erosion of your capital?   One idea is to use the option market to help protect your investments.  

You can employ four strategies that will help you reduce risk,...

A Day in the Life of a Market Correction.

by Bill Parrott on

The global stock markets continue to swoon.  Each morning I wake up and check to see what the stock market has 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 I watch CNBC (CMCSA) I scan my personal and work...

Matt Damon, The Martian and You!

by Bill Parrott on

The Martian movie starring Matt Damon is about his being stranded on the Red Planet after a violent storm.   Matt Damon’s character must use a number of tactics to survive and regain contact with his crew back on Earth. 

After much thought you accommodate Mr. Damon to Mars.  For the purpose of this...

Do you remember March 24, 1980?

by Bill Parrott on

Do you remember March 24, 1980?  I don’t.  I was 15.  I was probably concerned with three things.   Was I going to the beach?  Were the Dodger’s going to win?  Where were my friends and I going to eat lunch?   I probably went to the beach, the Dodger’s undoubtedly won and I most likely went to...

Planes, Trains and Indices.

by Bill Parrott on

Planes, Trains and Automobiles is a great movie starring Steve Martin and John Candy.   This 1987 comedy was all about Steve Martin’s character trying to get home for Thanksgiving.    He and his new BFF, John Candy, were using all means necessary to get home for the holidays.   Steve Martin’s...

Your 2016 Guide to Health and Wealth.

by Bill Parrott on

As we propel into the New Year you will be inundated with numerous articles about how to improve your health and wealth in 2016 so I wanted to join the crowd and offer you my list.

  1. Eat well.
  2. Work out.
  3. Read.
  4. Listen.
  5. Laugh.
  6. Save.
  7. Pray.

Anything beyond this list will derail you from your health and...

$2 to Show on Number 4.

by Bill Parrott on

My high school was located across the street from the Santa Anita Race Track in Arcadia.  On occasion my friends and I would go to the 9th race after school.  The 9th race was the last race of the day and it was always free.   The minimum bet was $2.  After no analysis, we would place our $2 bets on...

My fee will be less than $2,000,000.

by Bill Parrott on

In the mid-90’s I received a call from a client asking me how I would invest a lot of money.   I asked him how much money.   He was reluctant to give me an answer at first because of the large sum of money.  He had to eventually tell me the amount so that I could give him my advice.  The money he...