A good financial advisor is worth his or her weight in gold. Even at current gold prices! However, a bad one can be detrimental to your long term wealth. There are a lot of choices and even the most educated fall prey to having a lousy advisor. So here are a couple of good questions to ask.
Thursday, May 27, 2010
Monday, April 19, 2010
Portfolio Strategy Vs. Portfolio Tactics
When managing your assets you have to consider your overall strategy as well as tactics. Hopefully by now you've overcome all the gloom and have re-equitized your accounts. If not you may want to read some of my previous posts. So what is the difference between strategy and tactics?
Friday, March 26, 2010
Lehman Brothers Files for Bankruptcy on September 15, 2008
This event sent shockwaves through the financial world and the global markets crashed. Swings of 5-10% in the global markets could be seen by the hour. It was chaos, despair and panic. Many sold their stock holdings and fled to Treasuries for safety in preparation for the Great Depression. Was it a good decision?
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