Stocks and bonds are falling while commodity prices are soaring. The Federal Reserve is raising interest rates, investors are not happy, and they are losing patience! However, I'm referring to 1994, not 2022.
In 1994, the S&P 500 fell 1.54% and, at one point, was down 9%, and long-term government...
Do you want more income? Writing options is an excellent way to generate a few extra dollars if you own individual stocks. Rising interest rates and increased volatility have made option premiums ripe for picking.
Incorporating an option writing strategy can boost your cash flow in a low...
Insurance is one thing few people love to buy, and it is something we hope we never use. Thankfully I've never used my homeowner's insurance to rebuild my home from a fire though I've been paying premiums for a quarter of a century. I would have been better off investing my dollars in the stock...
We recently stress-tested our client's financial plans to determine how they would withstand a 50% stock market correction and a perpetual inflation rate of 5.25%. Thankfully, most plans withstood the test. Since 1971, there have been several corrections of 40% or more – 1974, 2002, and 2008; the S...
Markets are in a financial whirlpool as they try to navigate the treacherous waters of Ukraine, inflation, rising interest rates, and China's recent lockdown. Stocks and bonds react violently to the headlines, and volatility is off the charts. There are few places to hide.
The Federal Reserve...
About thirty years ago, a relative told me he only buys certificates of deposit – safest investment in the world, he said, adding that stocks were too risky. He would scour local banks trying to squeeze an extra quarter of a point from the local teller. In 1990, a 6-month CD paid more than 10%...
Stocks are sinking under the weight of the Russian invasion. The S&P 500 is down 12%, while the NASDAQ is off 18%. It's a tough time to own stocks. Should you sell? Here is a quick checklist to help you make a better investment decision.
- Do you need the money?
- Do you have an emergency fund to...
Investors are learning about diversification in real-time as markets react to news in Ukraine. Stocks are falling, and gold is rising. Before the invasion, stocks had been a one-way trade as the S&P 500 soared 272% over the past ten years, averaging 14% per year, far outpacing most investments...
Cash is an asset class like stocks, bonds, or real estate, and it acts as a buffer during times of market uncertainty. When stocks fall, cash is a haven, and it reduces your downside losses. It can also give you peace of mind knowing you have access to funds that don't fall significantly when all...
I've struggled to write about financial matters lately because Russia invaded Ukraine. It doesn't feel appropriate to discuss wealth or investing while Ukraine is under attack, but I found some inspiration at my church this past Sunday.
Our church recently finished a sermon series called: Are...
I grew up playing hide and seek. I lived near a park, and sometimes the game involved dozens of kids trying to find spots to hide. If you were lucky enough to get the best location, you could stay hidden for a long time as the other kids struggled to find you. A few kids would get frustrated, stop...
The New England Patriots trailed the Atlanta Falcons 28-3 in the third quarter of Super Bowl LI. At that point, the odds of winning the game were about 1% to 3%. Their situation was dark and bleak. Did the Patriots panic or quit? No. They kept their composure and followed their game plan despite...