Posts by Lee


“As January goes, so goes the year.” At least that is the case according the old adage made popular by the Stock Trader’s Almanac. This phenomenon is also known as the “January Barometer.” It simply means that January’s market’s performance, as measured by the S&P 500 Index, is a harbinger of how the market will do for the year. According to a recent story in the New York Times, the January barometer has...

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Bernard Baruch is not a household name, so a quick background is in order. He was a financier, a stock investor, a philanthropist, and an economic advisor to Presidents Woodrow Wilson and Franklin Roosevelt.  Baruch once quipped, “The main purpose of the stock market is to make fools of as many men as possible.” While he earned his fortune in an earlier period, few today can consistently amass wealth by trying to time the market’s ups...

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October was a wild month for the markets—and for many baby boomers who planned for retirement income by synchronizing and coordinating their timing for claiming Social Security benefits. The last week in October saw Congress put an end to two Social Security filing strategies that many couples have used to add tens of thousands of dollars to their retirement incomes.  However, there is a six-month window in which couples who are at...

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Last month’s letter talked about preparing yourself for major market moves, especially downward moves, by conducting “lifeboat drills” in order to dampen your “startle response”, which might result in an inappropriate decision that would derail your long-term investment goals and objectives. During the month of September, investor anxiety continued to spread as uncertainty around the future of interest...

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Last week Don and I sent out a special newsletter that highlighted historical market volatility and average recovery time it has taken the markets to return to previous highs. For example, investors can expect draws down of approximately 10% about once a year. A market drop of 10% is commonly referred to as a “correction”. From the bottom of a correction it takes about 8 months to recover. For this month’s letter I started thinking...

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