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There is great value in not putting too much money on any single idea, trade, or investment. A risk management advisor taught me this at the very beginning of my career. Dividing capital into a minimum of 10, maybe 20, even 40 positions is the better route to take.
Read MoreDavid Edwards, President and Wealth Advisor and Buff Parham of Parham Associates presented a webinar Sunday, December 19th at 6PM EST.
Read MoreDavid Edwards and Buff Parham presented a 30 minute overview of development over the past year in Economics and the Pandemic, and made projections about Stocks, Interest Rates, and Politics for the year to come.
Read MoreIf you sell a stock less than a year from the time you bought it, your gains are subject to an income tax rate of as much as 35%. If you hold for more than a year, your earnings are reclassified as capital gains and are thereby subject to a lower tax rate — 20% for top earners.as a paltry $16 billion. A quarter-century later, the lethargic, sloth-like investor’s net worth exceeds $100 billion.
Read MoreWith investing, if you avoid significant losses, the gains will take care of themselves. An investment that gains 100% in the first year and loses 50% in the second year leaves you back where you started. An investment that gains 7% in the first year and 7% in the second year leaves you ahead by 15%.
Read MoreMany investors are looking for home run stocks — the kinds of assets that will quadruple in value in a short period of time. But just as DePodesta determined, the problem with swinging for the fences is that you strike out a lot. In both baseball and investing, home runs are very exciting, but they’re also very rare and can be very costly.
Read MorePeople are naturally drawn to stocks that tell an exciting story. Take Tesla. Helmed by CEO Elon Musk, cofounder of PayPal and SpaceX, Tesla runs on idealistic visions and lots of risk. For now, that makes Tesla a “Question Mark,” one of four categories in the Growth Share Matrix (GSM).
Read MoreOn Friday night at 11:30 PM, Congress voted in the Infrastructure Investment and Jobs Act of 2021. This is a bill that received bipartisan Republican and Democratic support as early as August. But it took until November 5th for that bill to pass.
Read MoreOne of my client's families asked me how to get their 20-year-old daughter, Susan, started on a lifetime of investing. They asked specifically about savings bonds because conventional wisdom says that savings bonds are a “safe” investment.
Read MoreJill Nicolini of the Podcast Business Network interviews David about key learnings from his book. The interviews air live Tuesday mornings on the Podcast Business Network from 11-11:30 AM EST through December 14th (click LISTEN LIVE) and can also be heard on replay.
Read MoreJill Nicolini of the Podcast Business Network interviews David about key learnings from his book. The interviews air live Tuesday mornings on the Podcast Business Network from 11-11:30 AM EST through December 14th (click LISTEN LIVE) and can also be heard on replay.
Read MoreJill Nicolini of the Podcast Business Network interviews David about key learnings from his book. The interviews air live Tuesday mornings on the Podcast Business Network from 11-11:30 AM EST through December 14th (click LISTEN LIVE) and can also be heard on replay.
Read MoreJill Nicolini of the Podcast Business Network interviews David about key learnings from his book. The interviews air live Tuesday mornings on the Podcast Business Network from 11-11:30 AM EST through December 14th (click LISTEN LIVE) and can also be heard on replay.
Read More2020 was an absolutely mind-boggling year. As we enter in 2021, we are by no means safe and secure. I would like to tell a personal story about resilience, and what it means for people to thrive in challenging times like these.
Read MoreTo coin a phrase made famous by Britain's Queen Elizabeth II,
2020 has been our "annus horribilis."
David Edwards sat down with Buff Parham to answer questions from our clients:
Pandemic: how do you see the population getting vaccinated over time and how do you see the economy rebounding as a result?
None of us will forget 2020 anytime soon..truly a tumultuous year. In your opinion, what is the single most important takeaway that we should contemplate going forward?
What do you see happening with inflation, economic growth, and bond yields next year?
And more! View our webinar replay now to learn what we at Heron Wealth thought of the year 2020 in review and what we expect for 20201.
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