by Michael Lecours | Nov 7, 2014 | Cash, Economy, Investment Behavior, Rule of Thumb, Uncategorized
At least once a week, a client will give me a reason why they don’t want to invest in the US stock market. They mention the headlines (which are designed to scare investors), and talk about the crisis-du-jour, or reference the looming economic dark clouds growing in...
by Michael Lecours | Oct 24, 2014 | Economy, Rule of Thumb, Saving, Uncategorized
With oil prices dropping, there are a few ways you can take advantage of it. Here are two great resources: Find cheap home heating oil: Cash Heating Oil Find cheap gas: Gas Buddy
by Michael Lecours | Oct 21, 2014 | Economy, Rule of Thumb
The discipline which holds that stocks and the market in aggregate have a fair value based on past, current, and estimates of future earnings. This method is calculated through exhaustive mathematical analysis and statistical back-testing. Through this methodology, a...
by Michael Lecours | Oct 10, 2014 | Economy
It has recently been argued by a leading economist that the Federal Reserve’s great financial experiment of buying massive amounts of bonds (QE), dramatically dropping interest rates (ZIRP), and flooding the system with newly created money was not about bailing...
by Michael Lecours | Sep 19, 2014 | Economy, Trend Updates, Uncategorized
With all the discussion of the Fed, the referendum vote in Scotland, the S&P 500 hitting new highs and the IPO for Alibaba, some investors may have lost track of the small caps. They haven’t been so fortunate. Here’s a good article that helps to put this trend...
by Michael Lecours | Jul 25, 2014 | Economy, Rule of Thumb, Saving, Uncategorized
At first it sounds silly; use the cost of McDonald’s Big Mac to gauge purchasing power in different countries. What first started as a humorous approach to addressing the pricing discrepancies between countries for similar goods, has been taken more and more seriously...