by Michael Lecours | May 16, 2013 | Economy
The stock market is running. The economy … not so much. So what is going on? A quote I wrote down months ago (but not the author). It sums it up: “we expect robust flows … to dominate fundamentals.” In a perfect world one invests in the stocks of...
by Michael Lecours | May 15, 2013 | Investment Behavior, Investment Strategies, Retirement, Uncategorized
Below is the outline of a recent talk given by Nick Murray. For those unfamiliar with his message, it is one of extreme optimism. He is renowned within the industry for his ability to look past all the noise and point out the truths of why now is the best time to...
by Michael Lecours | May 13, 2013 | Investment Strategies, Uncategorized
Indexing is all the rage these days. Investors are realizing that they are paying a lot of fees to fund companies to provide average rates of return (below average in some cases). They’ve done the math and see that they can do better by investing in cheap no load ETFs...
by Michael Lecours | May 8, 2013 | Investment Strategies, Retirement, Uncategorized
If you are retiring soon, don’t expect the Social Security Administration (SSA) to give you the best advice on how to start collecting your benefits. In fact, they have been known to give out poor advice. I recently heard a story of the SSA sending a letter to a 65...
by Michael Lecours | May 3, 2013 | Finding Confidence, Investment Behavior, Investment Strategies, Retirement, Saving, Uncategorized
One of the most common investment strategies is called “Buy and Hold”, which usually consists of mutual funds or other securities held for the long term and rebalanced occasionally. These funds are held during the best and worst performing years. The theory is that...
