Think about this: Let’s assume you have two boats: a rowboat with two good oars, and a sailboat with a great sail. You head out to a lake where the wind is always blowing from the North. The wind usually picks up around 11:00AM and remains strong and steady till sundown. It is obvious that […]
Sailing vs. Rowing Read More »
When I opened my email this morning, I saw the following subject line: “Hartford Financial Services Group announced that they are exiting the Variable Annuity business.” Last year, Genworth Financial eliminated their Variable Annuity product offerings. And earlier this year, Allianz Financial announced that existing clients would not be able to contribute any more funds
Here’s a crazy fact: At the end of 2011, the S&P 500 index(1) ended at exactly the same 2010 index number of: 1,257!! What makes this more incredible is the fact that 2011 saw some of the greatest stock market movement (called volatility) in history, yet it finished virtually unchanged. These facts alone should be a
Investment return of 0%? Read More »
Market volatility has returned with a vengeance. As the market swings dramatically (see recent one-day returns for the S&P 500 Index below), it’s natural to worry about your investment strategy. S&P 500 Index One-Day Return October 3 – November 1, 2011 SOURCE: Bloomberg (total returns)[1] The good news is that we have methods that may
Mood Swing, Market Swing…help is on the way!! Read More »
