by Michael Lecours | Aug 23, 2013 | Economy, Uncategorized
Over the weekend, I visited the space shuttle on display in NYC. I was surprised to learn all the technology developed for space exploration that has found ways into our everyday lives. Here are just a few: Cell phone camera Clean energy technologies...
by Michael Lecours | Aug 22, 2013 | Economy, Uncategorized
I’ve caught a few headlines online and blurbs on the radio about the unusually low price of lobster at this time of year. At first, I figured some environmental condition was the cause. Turns out I was partly wrong. After a little research, I learned about this...
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 | Aug 1, 2013 | Politics & the Economy, Uncategorized
There has been a lot of talk these last few months about what will happen to portfolios when the Fed eventually raises interest rates. The Fed will only make changes to its low-interest policy when the economy confirms it will continue to improve. The earliest the...
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...
