finances

Bad News For Stock Market Experts And Your Retirement Account

Bad News For Stock Market Experts And Your Retirement Account

I just read an article where the author has compiled a list of stock market predictions from well-known stock market experts. Since 2010, there have been 62 “can’t miss” predictions; 43 of those predictions were wrong. In other words, 69 per cent of these almost-certain predictions were wrong; two were neither right nor wrong and only 17, or 27 per cent, of these “can’t miss predictions” actually turned out to be right.

Survey Reveals Top Financial Concern of Today's Retirees

Survey Reveals Top Financial Concern of Today's Retirees

Prior to my talk at a recent speaking engagement, I walked around the room, consisting mostly of retirees and pre-retirees, asking everyone what they considered to be their top financial concerns. My unofficial survey results revealed the top two concerns being, not surprisingly, the fear of running out of money and poor or declining health. During my talk, I shared with the group a way to have increased confidence about the long-term outlook of your retirement money using what we call a Nest Egg Stress Test.

Is It Dangerous For You To Retire Now?

Is It Dangerous For You To Retire Now?

Recently, I came across a “Wall Street Journal” article quoting someone from Morningstar, the mutual fund rating service, saying retiring is dangerous now because no one knows what is going to happen in the future. I am pretty sure this has always been the case. No one knows for sure what’s going to happen in the future. So, is retiring now dangerous for you? You really need to look at the question from two aspects.

How Will A Trade War With China Affect You?

How Will A Trade War With China Affect You?

You probably noticed that when President Trump recently declared a trade war against China, it triggered sharp downturns in the stock market. But what exactly is a trade war and what really is a trade deficit? A trade deficit is a monthly calculation made by government economists. The value of products manufactured in China that are purchased in the U.S. are subtracted from the value of products manufactured in the U.S. that are purchased by Chinese consumers.

Where Will the Stock Market Go From Here?

Where Will the Stock Market Go From Here?

Recently, the S&P 500 Index's bull market became the second-longest and the second-best market in recent history. If you include reinvested dividends, stock prices are up 340 per cent from the low point after the financial crisis in 2009.

It's easy to think it's been easy money — you just put your chips on the table when the market hits the bottom and let them ride.

How To Outperform Investment Managers

How To Outperform Investment Managers

Here’s why we use index mutual funds and ETFs in accounts we manage and why we recommend them for just about everyone.

A recent research study shows that 93 per cent of all US stock funds that were professionally managed were outperformed by their respective index benchmark over a three-year average.

Is It Time To Ditch The Stock Market?

Is It Time To Ditch The Stock Market?

Now that we are eight years into a bull market, some investors and, most certainly the financial media, are assuming something just has to go wrong. As a result, you are seeing lots of stories about what area of the market is already in a bubble waiting to pop.

Here is an interesting take on some of these so called bubbles from economist, Brian Wesbury.