Commentaries

April’s Path Toward Prosperity

TAX SEASON What did you learn? THE FED AND THE ECONOMY Are debt levels too high? DIVERSIFICATION Don’t end up like Orioles’ Chris Davis SUMMARY OF INVESTMENT THEMES TAX SEASON DRAWS TO A CLOSE The 2018 Tax Season has drawn to a close.  This is the first year people are able to gauge the effects…

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Path Toward Prosperity

BEAR MARKET? Is this the beginning? PROBABILITIES Global Valuations and Future Proabilities CAUTION Risk Management INFLATION HEDGES Is gold ready to breakout or breakdown? SUMMARY OF INVESTMENT THEMES Are We In the Early Stages of the Next Bear Market? This is THE question on many people’s mind.  You wouldn’t be normal if you didn’t wonder…

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Path to Prosperity

SEE THE FOREST THROUGH THE TREES Are you a long-term investor? GLOBAL MARKET ACTION Volatility Increasing IMPEACHMENT Does it even matter? RISK MANAGEMENT Proceed with Caution GOLD Sentiment near 10 year lows SUMMARY OF INVESTMENT THEMES SEE THE FOREST THROUGH THE TREES All investors say they are in it for the long-term.  We all may have different…

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October’s Path to Prosperity

SEEKING TO PROFIT FROM INVESTMENT REGRET Don’t let your emotions get the best of you   SUMMARY OF INVESTMENT THEMES I was sitting down to write this month’s newsletter to address the recent volatility in the market when I decided to take a break and read this month’s issue of Morningstar from the venerable research…

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Path Toward Prosperity, August 2018

THE AGE OF EVIDENCE-BASED INVESTING Is the finally the end of the Ouija board? WE ARE OUR GREATEST ENEMY TO SUCCESS Our emotions systematically hold us back THE DIFFERENCE BETWEEN VALUE AND GROWTH Why would you invest in growth? MOMENTUM ISN’T GROWTH Your gut instinct is wrong SUMMARY OF INVESTMENT THEMES THE AGE OF EVIDENCE BASED INVESTING Charlie Munger of…

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Path Toward Prosperity, July 2018

HO HUM FIRST HALF OF 2018 Up and Down, Up and Down YTD ASSET CLASS RETURNS Hovering around flat for the year SENTIMENT VERSUS “REASONS” What is more powerful? IS THE INFLATION BOOGEYMAN AROUND THE CORNER? Are you prepared? SUMMARY OF INVESTMENT THEMES HO HUM START TO 2018 The first six months of 2018 are in the…

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Path Toward Prosperity – June 2018

FED HIKES RATES What does it mean for you? HOW HIGHER RATES AFFECT YOUR DEBT Fixed and Variable rates respond differently WHAT ABOUT SMALL-CAP STOCKS? A check on small-cap valuations SUMMARY OF INVESTMENT THEMES FED HIKES RATES – WHAT DOES IT MEAN FOR YOU? When it comes to low interest rates we have been spoiled…

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Monthly Path Toward Prosperity- May 2018

WHAT IS NORMAL? How much volatility is normal? THINK LONG-TERM Hitch your wagon to long-term innovation WHERE ARE INTEREST RATES HEADED? If  only knew… Quantitative Easing’s Effect on the Dollar Different than many had thought SUMMARY OF INVESTMENT THEMES WHAT ARE NORMAL STOCK MARKET RETURNS? This is a question I get from almost every new…

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Monthly Path Toward Prosperity -April 2018

SENTIMENT SHIFT Is Tech now evil? WHAT IS LIBOR? Should I care? IS THIS WHAT A BUBBLE LOOKS LIKE? Should I care? SUMMARY OF INVESTMENT THEMES SENTIMENT SHIFT It seems clear to me that sentiment within areas of the investing world has begun to shift.  Previously, in “big data” or “big tech” it seemed as…

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Monthly Path Toward Prosperity- February 2018

VOLATILITY RETURNS It was bound to happen, wasn’t it? TMI Too much information can be counter productive CHART UPDATES Inflection Points SUMMARY OF INVESTMENT THEMES VOLATILITY RETURNS After a strong start to 2018 in January, February has begun with a reminder that what can go up can also go down.  I felt like a broken…

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