It has been a rocky year for tech stocks. Since peaking in January, the tech-heavy Nasdaq is down nearly 5,000 points (about 30%).
Read More
When you hear the word “convert,” you probably think of something other than retirement accounts. Converting that extra room to a recording studio, maybe, or converting an itinerant blog post reader to a client
Read More
Whether a family works with a financial planner or wealth advisor or manages their investments directly, everyone can benefit from purpose-based asset allocation. With purpose-based asset allocation, we avoid holding our financial assets in a single account but rather invest our assets while taking multiple needs into consideration.
Read More
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 More
David Edwards, President and Wealth Advisor and Buff Parham of Parham Associates presented a webinar Sunday, December 19th at 6PM EST.
Read More
David 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 More
If 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 More
With 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 More
Many 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 More
People 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 More
On 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 More
One 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 More
Jill 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 More
Jill 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 More
Jill 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 More