by Michael Lecours, CFP | Dec 30, 2019 | Economy
“I’m sharing the following article with you because the author does a great job highlighting the economics of holiday gift giving. The 1% rule-of thumb for gift giving was something I never knew before”. – Michael Lecours Gift giving is a big deal...
by Cliff Jarvis | Dec 6, 2019 | Economy
I So here’s the deal. You give me $10,050 today and I will pay you little or no interest. After five years, I will give you back $50 less or $10,000. Additionally, the interest payments you will receive will not be enough to compensate you for difference of ...
by Cliff Jarvis | Oct 5, 2018 | Asset Allocation, Economy, Investment Strategies
Bond funds are often lumped together as one. However, they are actually a range of very different investments. This post will address only investment-grade bond funds which have a low probability of default as these are bonds that are issued by large and established...
by Cliff Jarvis | Jul 3, 2018 | Economy
The tax cuts that went into effect this year lowered the corporate tax rate from 35% to 21%. Of course, most corporations were not paying that, the effective rate that was actually paid was much lower. However, the new lower 21% official rate allowed corporations to...
by Michael Lecours | Feb 13, 2018 | Economy, Finding Confidence, Investment Strategies
For the first time in close to two years, the stock market is spooking investors. The decline was swift, sudden and unexpected. It caught many people completely off guard. A lot of the headlines I read over the weekend, yesterday and this morning were written to...
by Michael Lecours | Jan 28, 2018 | Economy, Politics & the Economy
“Who knows” was my answer when I was recently asked about my own outlook on the markets for 2018. Over the last few weeks, my inbox has been flooded by dozens if not a hundred market outlooks by prominent research firms, economists, and strategists. And they are all...
