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 25, 2014 | Investment Behavior, Investment Strategies, Politics & the Economy, Trend Updates, Uncategorized
Shale oil production is more expensive than traditional oil production – It costs more to get shale oil out of the ground. So when the price for oil drops, like it has, it hurts shale oil production a whole lot more than with other production methods. Bloomberg...
by Michael Lecours | Aug 21, 2014 | Investment Behavior, Investment Strategies, Retirement, Rule of Thumb, Uncategorized
In a recent Gallup poll, Americans were asked what they thoughts was the best investment to make over the long term. Their choices: Real estate Gold Stocks Savings Accounts Bonds The average American incorrectly believes that Real Estate is the best investment over...
by Michael Lecours | Jul 29, 2014 | Investment Behavior, Investment Strategies, Retirement, Uncategorized
Is this the top of the market? If so, are you (and your investments) ready for the possible roller coaster that could follow? That’s the gist of a recent WSJ article, and it’s not bad advice to consider. Investor’s appetite for risk is constantly changing. When the...
by Michael Lecours | Mar 25, 2014 | Economy, Investment Behavior, Uncategorized
A pretty good overview of how winter can hurt the economy: CNBC
by Michael Lecours | Dec 21, 2013 | Investment Behavior, Investment Strategies, Trend Updates, Uncategorized
Excerpt from Faber’s “Learning to Love Investment Bubbles: What if Sir Isasc Newton Had Been a Trendfollower” “From a behavioral and psychological standpoint [a trend following investment strategy] is often the most difficult to deploy when it is most useful. Strong...