by Michael Lecours | Oct 11, 2018 | Finding Confidence, Politics & the Economy
In light of the market correction that is occurring, I have pulled together some interesting and compelling quotes that help to put it into perspective: “Yesterday was the third worst point decline for the Dow since 1915. But it was only the 284th worst day [as a...
by Michael Lecours | Aug 3, 2018 | Uncategorized
Congratulations – You graduated from college and landed your first job. Unfortunately, the party ends shortly after that. According to Zillow, 22.5% of millennials ages 24-36 live at home (roughly 12 million). And of those “Boomeranger”, only 12.5%...
by Michael Lecours | Aug 1, 2018 | Investment Behavior
Picture this. It’s an average summer morning, except it looks a little cloudy outside. You decide to shut off the AC, open a few windows and get the fans going before you head out. On your way home from work it starts to pour. Heavily. You think….I knew it might...
by Michael Lecours | Apr 6, 2018 | Politics & the Economy
Recently, I was asked about my thoughts on the tariffs and the impact it may have on a portfolio. What follows is my response: “I see this as a giant game of chicken between China and the US. I see this causing a lot of anxiety and volatility in the market, but I’d...
by Michael Lecours | Mar 20, 2018 | Taxes
The average tax refund is about $3,000. And people do one of two things with it. They either spend it or set it aside for a specific purpose. What’s the distinction between these two groups of people? It all comes down to their expectation. If the refund was...