With GameStop stock up over 100 percent yesterday, “meme” stocks are back in the news. These returns are based on pure speculation driven by social media without company news or fundamentals. For investors, this creates excitement, anxiety, and fear of missing out (fomo). What should investors do? There are plenty
2020: A Year in Review The United States roared into 2020 with a great economy and low unemployment. The stock market started to show downward volatility the second half of February as whispers of a disease impacting China spooked the markets. The momentum of the economy and markets came to
While fear grips investors in a declining market, it is important to take a long-term approach and learn from past bear markets.
Irrational exuberance is a state of mania when stocks increase regardless of deteriorating fundamentals or uncertainty. When this happens, greed, overconfidence, and fear of missing out takes over the mind of investors. In this ColoradoBiz Magazine article, Kevin McNab explores how investors can guard against an inevitable drop in the
As Americans were getting ready for the holidays and Congress was in the midst of a partisan impeachment battle, lawmakers stunningly came together to pass the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019). The SECURE Act appeared to be derailed last fall but passed the
“And the sun took a step back, the leaves lulled themselves to sleep and autumn was awakened.” – Raquel Franco The S&P 500 Index just finished its most prolific first nine months of a year (+20.6%) since 1997. This is on the heels of a near bear market loss of
A standing ovation to our investors who did not panic leading up to last Christmas Eve. Being a disciplined investor with a strategic allocation while investing with a purpose led to a significant increase in your portfolio during the first six months of 2019. At the end of last year,
With recent Tweets, President Trump started a firestorm from the scientific community explaining the difference between climate change and weather. In this ColoradoBiz Magazine article, Kevin McNab explains how climate change, weather, and investing are similar. On Jan. 30, I got a text from my sister in Kalamazoo, Michigan. Stuck
The U.S. economy is in uncharted territory. There is no point in history we can look back on which has the current unique set of circumstances. What should investors do with rising interest rates, robust corporate profits, massive tax cuts and a self-inflicted trade war? In this ColoradoBiz Magazine article,
Unemployment is low, the stock market is at all-time highs, there are signs of wage growth, and investors have more money in their accounts. With Trump taking credit for these positives, many American’s are left to wonder what he has done to create this economy and what will happen next.
The craft of being a wealth management advisor brings together a potpourri of skills necessary to succeed. A wealth manager has to be analytical, yet posses the communication skills to express complicated concepts while being empathetic to clients feelings. There also must be an understanding that investors may act different
Financial Planning for employees who work at a university (or hospitals associated with a university) can be complex not only to the employees, but also to financial advisors not used to working with clients in this arena. Navigating through the complexities of this niche market requires the experience of working