by Michael Lecours | May 15, 2014 | Economy, Investment Strategies, Uncategorized
With headlines like “Stocks hit all time high”, “Breaking Records: Dow and S&P 500”, or “It Looks Like The Economy is About To Roar”, you might expect to see a remarkable chart showing lots of growth. But not this time. Far from it. After a stellar 2013, the US...
by Michael Lecours | May 14, 2014 | Uncategorized
While the stock market continues to remain orderly, there have been some recent changes. The prices of many of the momentum stocks, which are long on promise and short on earnings, are down 50% or more so far this year. The iron law of valuation always wins....
by Michael Lecours | Apr 30, 2014 | Finding Confidence, Uncategorized
About 12-13 years ago, no one could turn on the TV or read an article about current events that did not talk about an energy shortage. Fear was gripping the nation that one day soon the world would run out of oil. Charts were posted showing that at current...
by Michael Lecours | Apr 29, 2014 | Rule of Thumb, Saving, Uncategorized
Last fall, I completed a series of energy efficiency upgrades to my home – most significantly I added insulation to the attic. I’ve been curious to see if the touted claims of energy savings were reflective of my actual experience. It may be too soon to tell, but my...
by Michael Lecours | Apr 29, 2014 | Investment Strategies, Uncategorized
I’m glad to see the concern for an over reliance on backtesting investment strategies is starting to make itself known. Good article here in Barrons. Here are a few pointers we follow when evaluating new ETFs that have launched: 1) Look for simplicity. Any...
