After a constructive quarter for our clients, it appeared all would be undone as we neared quarter end and voters in the U.K. made the historic decision to back out of the European Union. Notables such as former Fed Chairman Alan Greenspan, former Treasury Secretary Lawrence Summers, George Soros and Bill Gross worried that we […]
I wanted to share some charts that appeared in a recent Bloomberg.com article. They confirm my own experience in speaking with clients and prospective clients at this time: everyone is nervous and untrusting of the stock market. Fortunately, bear markets usually begin from a psychological place of extreme bullishness. So the emotional conditions […]
From the Los Angeles Times: “Op-Ed: How could someone rich and famous like Prince die without a will? It’s not unusual. Just ask an estate lawyer” Jack B. Osborn, April 28, 2016
How could Prince die without a will?
He didn’t amass a $250-million estate just through exceptional musical talent. He was also a shrewd […]
Attention dog and cat owners: Petco is having a 30% off sale! If you happen to be in need of dog or cat food, or perhaps a new toy for your favorite pet friend, this might be a good time to consider checking out the Petco website. But before you do……
What does this notice have […]
Listening to financial and economic experts express bewilderment at world equity market weakness, which has dragged down the price quotation for many well known companies, I have, like them, been puzzling over the matter. With the […]
Our Annual Report Video! Each year Trusted Financial Advisors hosts a luncheon for clients and Gary Miller, CFP provides an overview of portfolio performance and the economic outlook. If you would like to find out more about what it’s like to be a client of Trusted Financial please take a look at the video from this year’s event, held December 9, 2015. You may play the video by clicking on it.
Since “going independent”, that is, changing my relationship with clients from that of “broker” to that of a fee-only investment adviser, in January 2001, the stated objective for Balanced/Value accounts has been to “capture” most of the total returns available from U.S. stocks and with less risk. As shown below, this has been fully achieved […]
Over this past weekend, I shared a special report with clients, discussing with some detail their current holdings and explaining our approach during this time of equity (stock) market correction. Below is an edited version for use by the public:
The US is basically being pulled down by the rest of the globe, in particular the […]
Bow Wowwwww! They don’t call it the “Dog Days” for nothing. Imagine being a pooch in summer, wrapped in a fur coat in the days before air conditioning? This pretty much describes the behavior of most stocks during the summer. Trader’s desks are empty, clients are enjoying the beach, or cruising in their yachts (big […]
On April 16, 2015 I posted an article about conflicts of interest exhibited by many who advise retirement plans. The value of retirement assets owned by U.S. plans and savers is something north of $21 Trilliion. The latest figure I’ve found was from 2013, at […]
