Trade
January 16, 2020
2010-11: Aftershocks of the Great Recession The best way to see how much can change in a decade is to remember how things were at the end of the last one. In 2010, we were coming off the worst decade for stocks since the 1930s. The Great Recession had devastated the retirement savings of millions of people. Many of the world’s most famous financial institutions had collapsed. And the national unemployment rate was near 10%.1 It was a scary and uncertain time. Many investors had fled the markets entirely by 2010, some for good. As a result, they missed a […]
October 3, 2019
Back in 2015 when we moved your investment accounts to TD Ameritrade, we had a choice. Our choice was to pay trading fees for all of our clients OR to have our clients pay for the trading fees on their own accounts. We decided to have our clients pay the trading fees on their accounts for two reasons. (1) If we paid the trading fees, we felt we would have a conflict of interest to trade your account. Meaning that every time we placed a trade, it would cost thousands of dollars and we wanted to focus on the profitability of the trade […]
April 14, 2018
If you just listen to all the hype about China. You’d be convinced they are going to take over the world. There’s so much talk today about their incredible growth rate and the power of their economy; we may forget just how good we are doing in the US. Yes, it is amazing how quickly the Chinese government has forced their growth pattern. They’ve literally flooded millions of people from their hometowns with the Three Gorges project and forced them to move to the city. They are relocating 250 million people, according to a NY Times report, from the countryside to the city, […]