by Michael Lecours | Feb 26, 2013 | Finding Confidence, Investment Strategies, Uncategorized
Some refer to the past decade as “the lost decade” due to market volatility that seemed to send many investors back to where they started. It also marked tremendous volatility in confidence, with investors finding it difficult to believe in their...
by Michael Lecours | Feb 15, 2013 | Economy, Uncategorized
Thanks everyone who joined us for this week’s conference call. We had a high turnout and even more people that want to be part of them in the future For those that are interested in this week’s call, you can listen to the recording by clicking...
by Michael Lecours | Jan 15, 2013 | Economy, Finding Confidence, Investment Behavior, Uncategorized
It’s easy to forget and lose perspective about what is happening in this world. From uncertainty in our economy and in Europe, the looming fiscal cliff, and most recently the tragedy in Newtown, we may be feeling lost and unsure about the future. Just turn on...
by Michael Lecours | Jan 5, 2013 | Economy, Uncategorized
If you’re an investor worried about another major decline in the markets like the one experienced in 2008-2009, then you’re worried about something called “tail risk”. Just like the probability illustrated on a bell curve, the majority of gains and losses are usually...
by Michael Lecours | Jan 2, 2013 | Retirement, Rule of Thumb, Saving, Uncategorized
The single greatest factor to affect your financial goals for retirement has nothing to do with investment options, asset allocations, bonds or stocks. Rather, it’s the amount you save for retirement year over year. And yet, many struggle to save for retirement...
by Michael Lecours | May 8, 2012 | Uncategorized
Mohamed El-Erian, the head of PIMCO, recently delivered this lecture at the St. Louis Fed. Here are two passages from his conclusion: “After diffusing a material threat of a global depression, central banks in the advanced economies did a good job in maintaining a...