by Michael Lecours | Aug 23, 2013 | Economy, Uncategorized
Over the weekend, I visited the space shuttle on display in NYC. I was surprised to learn all the technology developed for space exploration that has found ways into our everyday lives. Here are just a few: Cell phone camera Clean energy technologies...
by Michael Lecours | Aug 22, 2013 | Economy, Uncategorized
I’ve caught a few headlines online and blurbs on the radio about the unusually low price of lobster at this time of year. At first, I figured some environmental condition was the cause. Turns out I was partly wrong. After a little research, I learned about this...
by Michael Lecours | Aug 16, 2013 | Economy
I have been writing, talking, and even ranting about duration, ultra-low interest rates, and the inevitability of higher rates and thus, lower bond prices. However, rates kept driving down to historic lows. But maybe it is finally time. The interest rate on the...
by Michael Lecours | Aug 16, 2013 | Investment Behavior, Investment Strategies, Rule of Thumb, Saving, Uncategorized
I’ve been getting this question a lot this summer: “Should I invest in the market now, or is this the top of the market?” Here’s my response: If you watch the news, there’s always a reason not to invest. Think back to the election and the fiscal cliff. Who would be...
by Michael Lecours | Aug 15, 2013 | Investment Strategies, Rule of Thumb, Uncategorized
I’ve been doing a lot of reading on Asset Allocation this morning and here are a few key takeaways that I think might be helpful to investors: Static allocations assume the relationships between the various asset classes stay the same. Dynamic allocations assume that...