What is risk really all about?

What is risk really all about?

When we invest we can’t know the future or get a do-over. Investors are so different. They pursue different goals. They react differently to changes in the financial marketplace. Some are aggressive. Some are conservative. Sometimes they are terribly concerned with...
Is the stock market bubblicious?

Is the stock market bubblicious?

Unappetizing early bubbles If someone mentioned bubble gum when I was a kid, it evoked positive thoughts; although, looking back, I’m not sure why. It must have been the times when I was allowed to chew it—playing baseball and swapping collectible cards. The positive...
Risk management in troubling times

Risk management in troubling times

I was going to write today about a recent vacation my wife and I took to a beautiful beachfront community and our desire to possibly move there someday. The overall theme was going to be related to retirement planning, sequence-of-returns risk, and the importance of...
Will it take another fall?

Will it take another fall?

My 96-year-old mother broke her neck. Over the summer my mother slipped and fell during the night and broke her neck. She’s doing well now, although she still wears a soft neck collar. Fortunately, there was no dislocation or damage to the spinal cord. After a month...
Markets mounting a comeback?

Markets mounting a comeback?

Two hurricanes in the course of two weeks! And Irma ranked No. 7 on the list of most powerful hurricanes, just behind Katrina (No. 3) and Andrew (No. 4), for those keeping track of such things. Harvey tied for 18th in the ranking. We are ready for a comeback. Last...