by Michael Lecours | Aug 1, 2013 | Politics & the Economy, Uncategorized
There has been a lot of talk these last few months about what will happen to portfolios when the Fed eventually raises interest rates. The Fed will only make changes to its low-interest policy when the economy confirms it will continue to improve. The earliest the...
by Michael Lecours | Jul 31, 2013 | Investment Strategies, Rule of Thumb, Saving, Uncategorized
I just stumbled upon this interesting nugget. All things being equal, a 19 year old who contributes $2,000 per year for JUST 7 years will have more money at age 65 than a 26 year old who made $2,000 contributions each year until age 65. Talk about the magic of...
by Michael Lecours | Jul 26, 2013 | Finding Confidence, Investment Strategies, Retirement, Trend Updates, Uncategorized
We recently put together a one pager to show prospective clients how we manage money using the Active Asset Allocation strategy. What do you think of it? Email me, I’d like to hear from you.
by Michael Lecours | Jul 22, 2013 | Economy, Politics & the Economy, Uncategorized
NY Times just released the results of a fascinating study about upward mobility in the United States. The results show that a child who grows up in Bridgeport, CT area with parents who earn in the 10th percentile ($16k), ends up, on average, in the 38th percentile....
by Michael Lecours | Jul 21, 2013 | Finding Confidence, Investment Behavior, Uncategorized
The talking heads and supposed experts have done a good job of scaring investors away from the markets. Their job isn’t to help investors reach their financial goals, rather they are looking to shock investors and make them stay tuned to the channel to learn more...