An article with the provocative title “Why 60/40 Portfolios Are Downright Dangerous Today” caught my eye the other day.  It was in a financial planning trade publication targeted to financial advisors and asserted the following: Bonds and stocks used to be negatively correlated with each other but no longer are. Advisors are not making enough…
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What prompted the writing of this post was a radio commercial I heard the other morning while commuting to work.  It was from some real estate firm that promised to teach me how to buy, hold, and sell properties with no money down and no risk.  Imagine that: no risk!  How could anyone turn down…
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The media reported that the Dow’s plunge of 1100 points on Monday was the biggest point drop in history. While that sounds scary, keep in mind that media reports are intended to be dramatic.  Put in broader perspective, the percentage drop (which is the more important measure) was 4.6%.  That’s the biggest single day loss…
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I was speaking with my friend Lisa the other day.  She was upset that she had not gotten a better return on her investments in 2017.  “Apple [stock] was up over 40%,” she complained, “but I only got 13%.”  Ironically, this was the very same person who was panicking in 2009 about the 25% loss…
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As a follow up to my post a couple of weeks ago on the three biggest Bitcoin myths (see https://www.cognizantwealth.com/2017/12/15/the-three-biggest-bitcoin-myths/), the Securities and Exchange Commission (SEC) has just warned investors about one more risk of which they need to be cognizant. Myth #4: Investing in Bitcoins is safe. The SEC last week recommended that investors…
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