Trying to time your entry into the markets usually leads to under performance. When taking a long term view, don’t be afraid of the markets because they are “too high”.
When bond issuers offer interest rates (or coupon rates) that are lower than the prevailing market rates, those bonds tend to trade at a discount to their face value.
There is no question investor anxiety tends to rise approaching a U.S. election, however, it also tends to dissipate quickly post-election.
Gold has been on quite the run lately blowing past its previous all-time high. This year alone it’s up nearly 30%. What I find interesting is you don’t hear too many people talking about it.
The S&P 500 returned 14.5% over the first half of 2024, but a closer look shows much of that was due to three stocks. On the flip side, taking the “Magnificent 7” out of the S&P 500 would have resulted in losing half the gains.
As most of you know, Echelon Wealth Partners Inc. recently merged with PI Financial Corp. to become Ventum Financial Corp. (Ventum). It’s been a busy few weeks getting reoriented with new systems, which is partly why this issue of Uncommon Cents is a bit late, but things are starting to feel settled now.
Two of the “Covid Darling” stocks have failed to live up to their hype and are now trading below their pre-Covid levels. Picking stocks is hard.
The longer I am in the investment business (23 years this month) the easier it is for me to say “I don’t know”. That might sound counterintuitive, but here is why.
The divergence between the U.S. and Chinese stock markets has been incredible.
Around late October / early November of this year many people I spoke with seemed pessimistic about their investments and the markets in general. Given it had been 22 months since most people had seen the high-water mark for their portfolios, it was easy to understand why.
