Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.
A long time client writes, “No capital gifts this year. Seeing a Dow that is falling like a stone, day after day, does not inspire me. It is acting like 2008 and the economy could not be more polar opposite from 2008.”
Exactly! Yet, US and international stock market performance is the worst since 11 years ago during the 2008-9 financial crisis.
Read MoreA new client writes, “So . . . why should I not sell all the stocks I still have a profit in?”
That is a reasonable question. From the September 20th all-time high, the major averages have taken quite a pounding.
Timing the market is not a smart strategy for the average investor. Read on to find out why and also learn about three alternative approaches to investing which will hopefully prevent you from pulling your money out of the market in a panic - which is never a good idea.
Read More25 years ago I was in the process of forming a wealth advisory business. The usual naming convention would dictate “David Edwards & Associates” – boring! Then I considered “Quantitative Investment Strategies, Inc.” boring, and a little scary. After that, I thought about “Bull & Bear,” “Tigers,” “Eagles” etc., but there were many other financial firms using those names already.
Read More
