Posts by Lee


When people talk about “the market,” exactly what are they talking about?  More than likely, they are talking about one of two indexes that are widely reported in mainstream media, financial networks, and many daily publications. These two indexes are the Dow Jones Industrial Average (DJIA) and the S&P 500. Let’s explore both indexes to get a better understanding of exactly what the indexes are reporting. The...

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In the financial world, there are a lot of rules about what you should be doing. In theory, they sound reasonable. But in practice, it may not be easy, or even possible, to follow them. Let’s look at some common financial maxims and why it can be hard to implement them. Build an emergency fund worth three to six months of living expenses Wisdom: Set aside at least three to six months worth of living expenses in an emergency...

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This month’s monthly insight features a special edition story by Nick Murray, who is in his 50th year in the profession of financial advice and is one of the industry’s premier speakers and the author of eleven books.  Nick was the 2007 recipient of the Malcolm S. Forbes Public Awareness Award for Excellence in Advancing Financial Understanding. To get a copy of our special report, contact a member of our...

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Recently, the focus for investors has been all over the map. This is not an all-inclusive list but it adds up to a whole host of worries investors are grappling with in the short term: Oil prices Corporate earnings The global economy China’s economy China’s currency (the Yuan) Anxieties about banks (especially in Europe) The Federal Reserve’s next move “Brexit,” – the possibility that Britain will...

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Warren Buffett, chairman and CEO of Berkshire Hathaway, is one of America’s great investors—arguably, the greatest ever. Over the last 50 years, Buffett (now 85) and his partner Charlie Munger (91) have executed one of the greatest allocations of capital in history. They have transformed Berkshire Hathaway from a failing textile company to a worldwide conglomerate comprising about 90 businesses across diverse industries. Last year,...

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