by Michael Lecours | Dec 6, 2013 | Investment Behavior, Retirement, Uncategorized
USA Today outlines seven common mistakes that we constantly flag for our clients. If you are close to retirement, chances you have overlooked at least one of these. We see a lot of new retirees who don’t consider inflation in their planning process. Maybe they are...
by Michael Lecours | Nov 22, 2013 | Economy
In the past writings below, I referred to the concept of a fair value for stocks. However, I skipped a step. I did not define what I meant by fair value. So here goes… To start, let us assume that we are not in extraordinary times (link). Assume that we are in...
by Michael Lecours | Nov 16, 2013 | Economy, Finding Confidence, Uncategorized
There’s a great scene in Jurassic Park where Alan, Tim and Lex watch a stampede of dinosaurs suddenly change direction and head right toward them. What made them change direction? What made them decide that this new direction was any better? Turns out investors do...
by Michael Lecours | Nov 15, 2013 | Economy, Finding Confidence, Rule of Thumb, Uncategorized
Stock market crashes and big economic recessions can be caused by a variety of factors. The real concern are the factors that seem to come out of nowhere; the ones that catch everyone, even the experts, off guard. Take all this talk by the media predicting an economic...
by Michael Lecours | Nov 14, 2013 | Economy, Finding Confidence, Uncategorized
With the equity markets reaching all-time highs, you would think everyone on Wall Street would be dancing in the streets. Nope! They’re using this time to talk about all the reasons why we’re in for a big correction, down turn, or crash. This shouldn’t be a surprise....
