by Michael Lecours | Dec 19, 2013 | Economy, Investment Strategies, Trend Updates, Uncategorized
If you recall, the markets declined by about 5% in May and then again in August due in part to the possibility of the fed reducing its bond buying program. And then yesterday happened – the Fed went ahead and started to taper the bond buying program. Based on the...
by Michael Lecours | Oct 16, 2013 | Economy, Investment Strategies, Uncategorized
Some interesting observations / news about a possible U.S. default: A case for the bulls and a case for the bears The U.S. government has defaulted on its debt in the past Why long term averages don’t fit short term windows
by Michael Lecours | Sep 27, 2013 | Asset Allocation, Investment Strategies, Uncategorized
By using just the two asset classes listed above, investors can put together one of the most common, all purpose allocation portfolios consisting of 60% stocks and 40% bonds. For decades, it has the recommended allocation for just about any age group. But, like the...
by Michael Lecours | Aug 16, 2013 | Investment Behavior, Investment Strategies, Rule of Thumb, Saving, Uncategorized
I’ve been getting this question a lot this summer: “Should I invest in the market now, or is this the top of the market?” Here’s my response: If you watch the news, there’s always a reason not to invest. Think back to the election and the fiscal cliff. Who would be...
by Michael Lecours | Aug 15, 2013 | Investment Strategies, Rule of Thumb, Uncategorized
I’ve been doing a lot of reading on Asset Allocation this morning and here are a few key takeaways that I think might be helpful to investors: Static allocations assume the relationships between the various asset classes stay the same. Dynamic allocations assume that...
by Michael Lecours | Jul 31, 2013 | Investment Strategies, Rule of Thumb, Saving, Uncategorized
I just stumbled upon this interesting nugget. All things being equal, a 19 year old who contributes $2,000 per year for JUST 7 years will have more money at age 65 than a 26 year old who made $2,000 contributions each year until age 65. Talk about the magic of...
