by Michael Lecours | Sep 30, 2015 | Economy
I have been around for a while now; decades. I remember when investing was done by stock picking. A stock’s value is mostly the current value of its future cash flow. A good stock picker analyzes the future prospects of the underlying company, buys its stock, and...
by Michael Lecours | Aug 26, 2015 | Economy, Investment Strategies, Retirement, Uncategorized
CNBC posted an article online yesterday about how to collect social security. It’s over simplified and generalizes the issues and concepts. The interesting part was the number of comments the article received. Close to 600 comments over the last 36 hours! It was...
by Michael Lecours | Jun 22, 2015 | Economy
Not discussed enough is the effect stock buybacks are having on the stock market over the last several years. The concept is simple. Corporations buy shares in the open market the same way ordinary investors do, however, when corporations do it, they ‘retire’ these...
by Michael Lecours | Jun 19, 2015 | Economy, Uncategorized
Graduating from college can be as much a source of anxiety and dread as it is pride and joy—even students leaving the harshest, most exacting academic programs can feel some level of worry about the future stretching out before them. But fear not—our step-by-step...
by Michael Lecours | Mar 30, 2015 | Cash, Economy, Finding Confidence, Investment Behavior, Retirement, Rule of Thumb, Saving, Uncategorized
Top Posts This Quarter: What to do if you forgot your RMD IRA Flow Chart NU Fixed Account Rate Declines Are You Spending Too Much On Coffee? Nine Connections You Didn’t Know Between Happiness and Retirement A Salary Guide Refresher Case Study: Tapping into Retirement...
by Michael Lecours | Nov 13, 2014 | Economy
Another deflationary impulse hit the global economies. Japan announced shocking news. After several decades of no economic growth, the Japanese government has piled up massive debt. They desperately need to get their economy going and just announced a desperate plan....
