Did the S&P 500 bottom on October 12th of last year? Only hindsight will bestow that knowledge. Stubborn inflation and higher interest rates were the big drivers behind the selloff that took us to that October low, but recent data indicates inflation is retreating, comments from Federal Reserve members suggest they may be close to…
Market Review The benchmark S&P 500 index posted a welcome 7.1% gain to close out a challenging calendar year. Earnings results continued to surprise to the upside, although overall growth was more modest, with a 3.5% rise outpacing expectations for no growth. Revenue growth topped estimates by 2.5%, expanding 11.4%. Despite a flurry of four…
Companies paying higher dividends do tend to be more mature. The mature companies investors want to own are still growing earnings, but that growth is probably more moderate than it is for a younger company whose total accessible market (TAM) isn’t yet defined. Apple is a fairly mature company, but they keep coming up with…
This is the most elegant explanation of prudent investment management I’ve ever heard, and it came from Steve Adell. It’s called “The Bucket List”. The idea is to categorize your investment money into three simple buckets which are based on intended use: Cash, Fixed Income, and Growth. You fill the buckets in order. Bucket #1:…
Let me quickly make my case. Yes, real estate, by definition, is a real asset. Over time, real assets should appreciate. Therefore, your home should be considered part of your investment portfolio, right? I will first say it “depends”, but almost certainly not. Example: Let’s say you save for a 20% down payment for a…