Saturday, December 13, 2014

Being smart with $$ -- Early October 2014 posts - October was pain!

October 15, 2014
Stocks are down again today. Painful, right? But what if you have a nicely balanced portfolio? Something like 60% U.S. stocks, 10% international stocks and 30% bonds? For the last week you are down about 3.9%. Not a disaster. And for the year you would be UP slightly, not down. Over the last three years, you would have a positive average annual return of over 15%. When put in that light, we should be cheering. It would just be nice if we could sleep through the ups and downs.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
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www.clientpriority.com

October 14, 2014
So many well-respected stock analysts say the market is cheap after it has fallen in the last few days. And so many say it will keep falling. Which of them are right? It's not about right or wrong. These are all just opinions. The market will be unpredictably volatile in the short term and in the long term it will reflect the growth of the global economy.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
-
www.clientpriority.com

October 11, 2014
A week in the financial markets like this last one reminds us that investing is an uncertain proposition. We hope to earn a good positive return that will boost our retirement savings account. While investing is likely to work in the long run, the one sure way to increase your account balance is to save more.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
-
www.clientpriority.com

October 10, 2014
Volatility in the stock market is continuing today with stocks expected to open on the downside. But while we are down about 2% in the last week, we are still up on the year. What to do? If your personal circumstances have not changed then a little volatility doesn't change your financial plan and you should turn off the TV.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
-
www.clientpriority.com


October 1, 2014
In September, U.S. stocks were down. International stocks were down. Bonds were down. Is there any place to hide? You could keep all your money in a savings account earning 0.10% but then your purchasing power drops each year due to inflation. Keep the faith. The year-to-date numbers are much more encouraging. And if you are in "risky" assets then hopefully it is because you have many years to ride out the volatility in the markets.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
-
www.clientpriority.com

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