Hello, operator? Yes, we seem to have a disconnect. Everyone still has their foul-weather gear on, but the stock market
is calling for blue skies. Can you try the line again, please?
People keep asking me
to explain the stock market advance over the past five months. There are usually comments at the end of the question, like,
“The economy sucks. How can the market go up when there is nothing going on out there?”
I have learned a lot about sea turtles since last
night, and I believe a few of these things belong in any long-term discussion about investing.
Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.
We are not in peak vacation time yet and already volume is disappearing faster than a hermit crab being chased by a group
of 10-year-old boys. This s especially troubling if you are a bull.
In recent weeks, two of the planet’s most respected investment minds have weighed in with their thoughts on the state of the world’s financial affairs—Bill Gross at PIMCO in southern California and Jeremy Grantham of GMO LLC in Boston. It is always worthwhile to examine their thoughts and the logic behind them. As investor hopes […]
You’ve heard all the nonsense from the mainline advisers and brokers. They say a buy-and-hold approach is the answer, the
market always comes back, and diversified investing is the key to long-term success. You are starting to get the sense that it’s all bull. Here’s why.
The city is just beginning to digest the news that came out of left field regarding Indianapolis Water Co.’s bond transaction gone wild.
One of the greatest investors of all time, Warren Buffett is always refreshingly candid and informative in his letters to investors, and 2008’s 21-page missive is no exception.
Conseco CEO Jim Prieur keeps putting his money where his mouth is, purchasing more than a half-million shares of his company’s stock over two years.
The economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
Stop paying attention to the news and keep in mind that the stock market is only a tool for you to use to make money.
I don’t think this bear can last another 17 months, because if it did, it would have a longer life than the greatest bear
market in our history.
Indiana’s CollegeChoice 529 Plans offer a number of great investment options to save for children’s college costs.
As Ben Graham said in his Mr. Market allegory: “The market is there to serve you, not guide you.”
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment management auspices.
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp.
