by Michael Lecours | Jan 15, 2014 | Retirement, Rule of Thumb, Uncategorized
A recent article argues that investors in steady jobs (government, teachers, etc) should balance out their steady & predictable “bond-like” pay check by buying more stocks in their retirement accounts, while investors in risky jobs (entrepreneurs, sales, etc.)...
by Michael Lecours | Dec 22, 2013 | Uncategorized
Over the past few months, many experts have been trying to make sense of the performance of the US stock market. It has been on a roll for about two years now! Is it too good to be true? Are we in the midst of an investment bubble? Economists are debating the issue...
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...
by Michael Lecours | Dec 19, 2013 | Rule of Thumb, Saving, Uncategorized
Target announced today (article) that it was the victim of what may prove to be the largest data theft ever recorded. If you shopped at a Target in the last few weeks, your personal credit card or debit card (not just the Target-branded cards) may have been one of...
by Michael Lecours | Dec 19, 2013 | Finding Confidence, Investment Behavior, Investment Strategies, Politics & the Economy, Uncategorized
There’s a lot of talk about if the US market is in a bubble these days. It’s next to impossible to determine if we are, in fact, in a bubble. But the media will do just about anything to produce a story that will get more people to read their publications. Instead of...
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...
