Blog

While the human lifespan is ever-increasing, the average lifespan for a publicly traded company in the US is going in the opposite direction.  According to the Boston Consulting Group, 30 years can be expected (on average) for a publicly traded firm to stick around.  This is a significant decrease from the 45-year average lifespan of publicly traded companies back in 1985.  Today, nearly 10% of public companies fail annually, and...

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Survey Says…

A recent survey by Bankrate.com asked investors what they felt would be the best investment for money they would not need for at least another ten years.  Here are the results:

27%   Real Estate

23%   Cash

17%   Stocks

14%   Precious Metals

5%     Bonds

24%   Other/Unsure

Some wildly different opinions, especially at the top, with first and second prize representing opposite ends of the liquidity...

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Keeping Perspective

Recently my family spent a week in Haiti together, helping brighten the day for 63 orphans. We shared Bible stories, went to the beach, and even made it snow on the Caribbean island! A trip like this helps put a lot of the things we worry about in perspective. 1) Maintain proper perspective: What I saw was consistent with what I heard recently from Dan Ariely, a Behaviorial Economist, who found...

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If you were asked back in 2010 which sector of our economy would perform the best over the next five years, what would your guess have been? Multiple choice: Consumer Discretionary (businesses that sell non-essential goods and services), Consumer Staples (businesses that sell essentials), Energy, Financials, Health Care, Industrials, Information Technology, Materials (companies involved with discovery, development and processing of raw materials), Telecom Services, and Utilities. If...

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Anyone been paying attention to what’s been going on with China’s stock market? It’s been hard to miss lately, with all the headlines. Here’s just a few from the last week (all the same day): • How China’s stock market bubbled…then burstBets Rise That China’s Yuan Will FallChinese stocks end lower after wild swingsWhy we should let China’s bubble burst •...

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One of the common questions we hear from clients is about whether they should keep an existing life insurance policy. This is often both a financial and emotional decision because it can be hard to determine if the need still exists, and because it can be hard to let go of something that has given you a sense of security for a long time. Here are some steps to take...

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For those experiencing Greece fatigue and tired of hearing how what is happening there is wearing on financial markets, I’ll apologize in advance for adding yet another commentary on the situation. For many Greek citizens the years ahead could prove to be challenging and difficult times and I certainly don’t minimize the pain this could cause. However, the upshot to this situation is there are many good lessons to be learned...

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Any golfers out there? Earlier this spring I read Golf Is Not a Game of Perfect (describing my game perfectly!) by sports psychologist Dr. Bob Rotella. In the book, he emphasized focusing on things within the golfer’s control to achieve better results. Rather than worrying about wind, what other players are doing, or complaining about the speed of the greens or depth of the rough, he encouraged golfers to keep...

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One of the greatest lessons you can teach your children is how to manage their finances.  There is an incredibly delicate balance between enabling and equipping kids with financial resources.  The old adage of “give a person a fish, feed them for a day…teach a person to fish, feed them for a lifetime” has some correlation here.  Everyone is prone to financial mis-steps, especially those just embarking on first-time employment...

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Earlier this year, Foster Group CEO, Mark Stadtlander was quoted in an article published in the Wall Street Journal.  The article, titled “How to Survive a Bear Market,” centered around how investors could protect themselves from the possibility of a bear market in stocks, in light of the fact that the current bull market is now more than six years old. Mark recounted some of the frustration he felt in back...

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