by Michael Lecours | Nov 10, 2014 | Cash, Investment Strategies, Rule of Thumb, Saving, Uncategorized
You, like many Americans, may have a sizeable pot of cash just sitting in a bank account earning next to nothing. The goal in keeping cash in a bank account is safety. But what if I were to tell you that you that there was a hole in your pot and you are losing 2-3%...
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 | Sep 10, 2014 | Finding Confidence, Investment Strategies, Rule of Thumb, Uncategorized
What’s wrong with this chart? Give up? The folks that created the chart are trying to predict the next Black Swan – the next significant event that could derail the economy. The problem is, that by definition, black swan events are unpredictable and...
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...
