Hi, Friends, Enjoy this week’s video blog with Rich and Knight about the CARE Act. Details in writing regarding this act will be offered in the coming weeks to provide an easy reference. If you benefit from these videos, and believe friends and family would also, please don’t hesitate to share.
We are witnessing very volatile times and with the market rallying about 17% (on the DOW) after dropping about 10,000 points in less than 20 days, many people want to jump back in. We saw a similar situation in 2009 when the market dropped. The path from here will be volatile and jumping in today […]
Monday, March 23, 2020 We are expecting the equity markets to fall today due to the fact that Congress has yet to pass a Stimulus package. We saw a similar behavior in March of 2009. The low was reached days before the Congress finally passed the Stimulus package for the Obama Administration. At that time, the delay […]
With another turbulent week in the markets under our belts, Rich and Knight share their thoughts from the last week, look forward to the next week, and discuss the benefits of tax-loss harvesting to capture the losses from the down market.
Saturday, March 14, 2020 During this time of extreme market volatility, we know that there is a greater need for information, contact, and support. With that in mind we are offering a new format: a video blog of Rich and Knight’s thoughts about the market’s previous week, and what we might foresee for the week […]
3/19/2020 Dear Clients and Friends: During this time of financial upheaval and instability, expect to see video blogs from us to discuss the state of the market, one-to-two times per week. Colman Knight members are working from home for the time being, and we are as committed as ever to serving our clients. It is […]
Coronavirus as Proof of the Hoax of Market Timing Adapted from article by Bob Veres A lot of “smart” investors will tell you that you should never invest when the market has been moving up, but instead should wait until there’s a pullback in order to buy at a bargain price. But is that really a […]
While everyone was enjoying the holidays and some hot cocoa by the fire, Washington was making some important changes to retirement planning. The most universal part of the bill is that it will delay the start of required minimum distributions. RMD’s currently start at 70 ½, but with this new proposal it will be delayed […]
Knowing the intensity and chaos that frequently accompanies the end of the calendar year, please pause and enjoy … simplicity in this article from Bob Veres. You already know that life is full of distractions, from your phone, to email, to the Internet, to people who stop by to chat while you’re working. Successful people […]
In last Sunday’s Wall Street Journal, Jo Craven McGinty’s “THE WAGES OF SIN WOULD GIVE BOOST TO GDP” suggests that the US needs to follow the Europe and UN GDP recommendations, to include illicit activities in GDP. I must admit, I never thought of such a thing and don’t quite know how we would measure it; […]