Your ETF May Be About to Explode: Deutsche Bank
I’m actually going to talk about “ETNs” (exchange traded notes), not “ETFs” (exchange traded funds), but the problem is most people don’t know the difference and use the terms interchangeably! If you aren’t 100% sure what you own, now is the time to find out because a major issuer of ETNs, Deutsche Bank, is having […]
Read ArticleHow to Lose at Investing: Follow Your Gut
Financial Planning magazine reported that its “perceived risk-tolerance level” barometer had dropped 7 points from January to 27.9 in February — the lowest level since its inception. This barometer seeks to measure clients’ (or self-directed investors’) appetite for risk. In looking at the readings over the last 12 months, it’s very easy to understand why […]
Read ArticleWhy Should I Care About Sectors?
The term “sectors” is often thrown around, but what exactly does it mean and why should you care? In short, the economy and financial markets can be broken down into segments called sectors, which are simply large groupings of industries in similar businesses. Each sector can be further broken down into industry groups. For example, […]
Read ArticleYour Feelings About the Market are Probably Wrong
According to Thomson Reuters Lipper, investors pulled over $60 billion from mutual funds in January, the worst month of outflows we’ve seen in years. Mutual fund outflows are one way to get an idea of what retail investors are doing. Whether they are self-directing or calling up their advisors and demanding their plan be thrown […]
Read ArticleAre You a Grocery Store Trader?
Have you ever gone into the grocery store on a whim when you had some extra time? No list in hand, just time to spend in the store. You wander aisle by aisle, picking up a few things that catch your eye. You grab a few staples. Maybe a few treats you haven’t had in […]
Read ArticleWorthPointe CIO Weighs in at Elite Industry Forum
On February 24th, Presidents, PhDs, CEOs, CIOs, and Executives from industry power-houses like BlackRock, JP Morgan, Cambridge, Vanguard, and Merrill Lynch packed into the Belo Mansion in Dallas, TX for the Annual Private Wealth Texas Forum hosted by the Markets Group. Reuters reported that over 250 leading family offices, RIAs, and Private Bank executives would […]
Read ArticleFee Transparency and How Advisor Awards Can Fool You
I recently saw a list of the Top 40 advisors under 40 years old published in the brokerage magazine On Wall Street. Three firms produced 34 of those included on the list: Morgan Stanley, Merrill Lynch and UBS. Care to take a guess on what criteria they were ranked? On “production,” which is a friendlier […]
Read ArticleRate of Return – Not A Plan
Goals without a plan are really just hopes! Understanding what a plan is, and what a plan is not, can be quite the process. I’ll tackle one aspect of this today by sharing a phrase I typically hear when the topic of investing comes up in social gatherings. “With the amount of money I’ve saved, […]
Read ArticleAfter the Vows: Financial Tips for Newlyweds
Once the wedding is over and you’re back from your honeymoon, reality settles in; your life is going to be different. Here are the crucial things you must take care of immediately to get your new marriage in order from a financial perspective, and a few extras if you’re not satisfied with the minimum. The […]
Read ArticleMarket Trends
Market Commentary Let’s not forget that the biggest determinate of the success of bullish strategies (buying stocks, ETFs, mutual funds) is the market itself. Most things trend with the market. Markets always move around — but a series of higher highs and higher lows is a sign of a strong trend. #1 shows us the last […]
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