Happy Thanksgiving! Guess who passed the CFP ® Exam?

Happy Thanksgiving!! Short post this week given all that is going on. I've been quiet the past couple of weeks as I went into final prep mode for the CFP ® exam. I already have the CFA designation, so many will ask......that must have been easy, right? No, mostly different material with a different emphasis.  I'll …

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Morningstar Troubles: Market Efficiency on display.

This past week featured an interesting event........the plunge and rebound of Morningstar's Stock price. It's all related to the value of their highly regarded Star system for mutual funds. Is this new? To those of us who believe in Market Efficiency (the concept that all public news is reflected in current stock prices. To beat …

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Market Too Expensive? – Reversion to the Mean at work. Déjà Vu version.

As the Dow rolled past 23,000, once again the pundits are sounding the alarms.  They will eventually be right (a broken clock is right twice a day), but until then,  I still think you should keep the following in mind.......... As the Dow Jones Industrial Average hits new highs, there are many claiming it to …

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Gun Violence: Your Investments Can Speak.

The recent events in Los Vegas can be depressing for two reasons; first, the tragic loss of life is horrific. On top of that is the realization that common-sense gun control is a political long-shot for the moment. Is there anything one can do? Yes - two ways. Continue on with conventional political pressure - …

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Sad truth: Picking stocks is bad for you, but picking the stock market is good for you.

Sorry the title of this post is so long. That means it will generate little internet traffic. 6 to 8 words is the sweet spot - my bad. However, this is an important idea that does not get all the press it deserves. So I am here to help out. The New York Times re-visited …

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5 Key Concepts for the 25 Year Old Investor. (or any investor really)

1.  Wealth Accumulation is Doable. Even in today's messed up world, you can still retire comfortably.  Spending less than you earn, exposing your savings to the various risks in the stock market, and doing it for a long time is a recipe for success.  These three factors will interact mathematically to determine what you can …

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Golf proposes new rules to limit coaching; the opposite of what an individual investor should do.

Golf season is about to pick up for me. The Chapel Hill Country Club is re-opening after a 8 week conversion to Bermuda greens. The greens look great and I cannot wait to get back out there! In March 2017, the USGA and R&A (golf's rules making bodies) put forth a series of proposed changes …

Continue reading Golf proposes new rules to limit coaching; the opposite of what an individual investor should do.