Month: November 2016

Stocks, as measured by the S&P 500, were up another 1.45% last week. The yield on the benchmark 10-Year Treasury also continued higher and was up four basis points to 2.37%. Rising stock prices and declining bond prices (higher interest rates) is generally the norm. In a free market, economic expansion leads to increased demand […]

Albert Einstein called compound interest the eighth wonder of the world. I cannot find any mention of him commenting on dollar cost averaging but even if it does not rank as the ninth wonder, it is definitely worth a day trip in your financial travels. Dollar cost averaging is the investment technique of buying a […]

“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.” This Warren Buffett observation came to mind again last week when the market failed to crash when voters elected Donald Trump president of the United States. This is the second time in five months market tea leaf readers […]