Broker Check

Blog

From time to time I post here, sharing with you anything from a few lines of wisdom, interesting question or an opinion on an important matter.  Feel free to comment or submit a question in the convenient box on the right side.

 

Thursday, September 27, 2018

One would normally think that a disaster occurring during a bear market would probably be an inauspicious time to attract a new client. However, I met a couple in late September of 2001 who quickly became clients. They seemed to...

 

Wednesday, September 5, 2018

One of my all-time favorite quotes is from Warren Buffett. As closely as I can recall it, it goes like this. If you want to have money, don't loose it! - Warren Buffett.

 

Monday, August 20, 2018

Each day there is an activity that occurs between our ears. For the most part we call this activity “thinking”. Some of the time we are making statements to or about ourselves. At other times we are asking ourselves...

 

Thursday, August 9, 2018

Your wealth is under attack! The greater your wealth, the more brutal the attack. Unlike an attack on your health, there is no instant pain. With no immediate pain, you are less inclined to realize that you need help until the...

 

Tuesday, July 24, 2018

In my opinion, an opportunity is coming. Yes, one comes every day. A bigger opportunity, however, is building and you will most likely miss it completely. It is a shame that you will miss it, but it is not your fault. That is important...

 

Show All

Thursday, July 12, 2018

Seven Reasons Why You Can’t Beat The Market, And What To Do about Them “The market went up today.” “The market went down today.” Do you know what they are talking about? Do they know what they are talking...

 

Monday, July 9, 2018

Several years ago a couple came in to meet with me. They were older and both were retired. A nice couple, they related their investing history to me. Over the years they had had several advisors, all of whom they had lost confidence in...

 

Thursday, June 28, 2018

At a party I once had a discussion with a woman who told me her husband always invested in no-load mutual funds because it was cheaper than paying a commission, and why pay a commission when he could save that money and have more? I...

 

Monday, June 18, 2018

Several years ago I met with a young man on the upper end of the “millennial generation”. He was young, single with a good job. We created a very basic financial plan for him. The implementation of the plan included life...

 

Wednesday, June 6, 2018

I am amazed at how ideas and concepts strike us from so many different angles and some of the most surprising places. In this case, the idea of how to successfully invest occurred to me when reflecting my eldest son’s wedding in...

 

Thursday, May 31, 2018

May 31, 2018 Two years ago a cousin gave me several heads of garlic, a strain his part of the family brought over from Avezzano, Italy. My first harvest was 23 heads last year. This year I have 83 plants growing. My wife and I were so...

 

Wednesday, May 23, 2018

According to a study conducted by Dalbar and Associates, an independent research firm serving the investment industry, released in 2016 and covering the 10 year period from 2003 to the end of 2013, as reported in Forbes.com, the...

 

Monday, April 30, 2018

There is a disconnect between Main Street and Wall Street. The People on Main Street believe that those who inhabit Wall Street are the enemy. Wall Street charges more money for investment advice than Main Street can afford, and Wall...

 

Friday, April 13, 2018

Sun Tzu says: It has been said that The Art Of War, written by the ancient Chinese general, Sun Tzu, can give future generations guidance on life lessons, not just war strategies. The above quote raises questions with regard to it's...

 

Wednesday, April 4, 2018

‘The Trump Bump”, which began after the 2016 Presidential election was the beginning of a fourteen month rise in the stock market with no significant downward pressure or correction in the U. S. stock market. During this...

 

Wednesday, March 21, 2018

Applied Ideology Most of us like the inspirational sayings, but we tend to either forget them or have other difficulty when applying them in our daily lives. Here is a suggestion: God grant me . . . The strength to accept that which I...

 

Thursday, March 15, 2018

Over the past few months I have been pondering what, to me, is a dilemma. In the last year the market has hit new all-time highs several times a month, even twice a week in some weeks. The economy is blooming and inflation is still low...

 

Tuesday, March 6, 2018

Congratulations, America! Tax reform is here. Whether you like the bill or not, whether you like the President or not, we have all benefited from the tax bill. When you look in your pay envelope you likely see a larger number for your...

 

Thursday, February 22, 2018

This question is in the minds of many investors today. The stock market is going up and down as fast as the thermometer in Northeast Ohio. After a year of steady upward movement, volatility has returned. People are confused. Should we...

 

Sunday, February 11, 2018

If you have not read my Blog Post “How long can you swim upstream?, you should read it before you continue reading this post. It is very relevant. In an even earlier blog post I discussed the fact that more recent events have a...

 

Tuesday, February 6, 2018

From the time we first enter the workforce it seems like we are swimming upstream. We enter a continuum of needs and expenses. First we need a car, or some transportation and the other basics like food clothing and shelter. Next we...

 

Friday, February 2, 2018

Clarity is one of the most important functions of language. It is through clarity that one idea is conveyed accurately from one person to another. In our rushed days we tend to forget clarity. When we can’t think of a particular...

 

Thursday, January 25, 2018

Who would have thought? I recently attended a continuing education class on retirement. As it was explained to us, numerous researchers from all over the world who have been engaged in studying retirement came to the same conclusion:...

 

Monday, January 22, 2018

Over the weekend I was reminded of the magic of turning 50. I was at a surprise party for an acquaintance who was celebrating his 50th. During the evening he came over to me and said, ”Fifty, I guess I need to call you. We need...

 

Friday, January 12, 2018

An acquaintance of mine told me that he had the opportunity early in his career to meet Sir John Templeton. For those who aren’t aware, Sir John founded the Templeton Growth Fund in 1954. During this meeting Sir John allegedly...

 

Saturday, December 30, 2017

The waning days of December are a time when we usually reflect on the past year and prognosticate on the coming year. Following that time honored tradition I have to say that 2017 was in many ways a disappointing year. Rather than...

 

Wednesday, December 27, 2017

As usual, Christmas dinner was at my brother’s house. After dinner my brother and I and his son adjourned to the garage for our traditional adult beverage and a smoke. During the conversation, my brother pointed out that he had...

 

Tuesday, December 19, 2017

One of the most important elements of successful investing is your understanding of risk and your personal risk/tolerance. In fact, your risk tolerance is the first thing you address as you begin the investing process. While every...

 

Friday, December 15, 2017

Critical Considerations Blog December 13, 2017 The Holiday Season here in the United States is a time for reflection and for demonstrating our love for one another. We all look forward to the “big day” when we have a vision...

 

Friday, December 8, 2017

Last week we discussed recent-cy bias. That is the behavioral term for our placing greater emphasis in our decision making process on recent events rather than more historical events. This week we will look at the phrase...

 

Friday, December 1, 2017

Probably the first thing we need to consider is “recent-cy bias”. This is what behaviorist term our tendency to make decisions based on what may have impacted us recently more so than things in the more distant past. An...

 

Tuesday, October 24, 2017

The secret to success in the Market is to buy low and sell high. The Market goes up and the market goes down. Accept the fact that you will lose money if you are in the market more than two minutes. No system or plan will be correct...

 

Tuesday, July 11, 2017

When people in the medical profession talk about the silent killer, they are generally referring to high blood pressure. You don’t feel it, it doesn’t make you dizzy or blur your vision. In fact, there is no way to tell if...