Dave’s Take on Occupy Wall Street

Angie and I feel extremely blessed to be living the American entrepreneurial dream.  We have a shared vision, and are doing whatever it takes both personally and professionally to meet the financial needs of our clients.  The past several weeks of news regarding “Occupy Wall Street” have really concerned me on several different levels – [...]

November 7th, 2011|

Market Commentary: Week Ending 11-04-11

What makes the money world go around? Confidence and trust makes the money world go around.  The market tension, and eventual rout in 2007-2008, had very much to do with a breakdown in confidence and trust.  The global banking system is dependent upon banks working with one another.  This cooperation between banks is one way [...]

November 7th, 2011|

Market Commentary: Week Ending 10-28-11

Meteoric Melt Up This past Thursday we saw a huge melt-up in the market on the news that Europe will try to solve their debt problems with more debt.  To make matters worse, the headlines all declared that European banks were agreeing to a 50% haircut on their Greek bond holdings.  A haircut is where [...]

October 31st, 2011|

Market Commentary: 10-21-2011

In the last few weeks I have been studying the markets and reading an unimaginable amount of news from all over the globe.  In my estimation, the recent stock market bounce (that started on 10/5/2011) has been a result of three things: Until recently, the number of people betting against the market (short interest) was [...]

October 24th, 2011|

Market Commentary: 10-14-2011

We saw a major jump in the markets this past week.  The two big stories were the start of earnings season, and Europe.  In earnings news, Alcoa and JP Morgan Chase both disappointed.  However, Google reported far better-than-expected as a result of increasing demand for its search engine platform.  Stocks also rose on positive news [...]

October 15th, 2011|

Active or Passive?

Just the facts… This has been the raging debate for decades: Should one use actively managed funds or passive index funds (the vast majority of ETFs are index funds)?  Both sides have made fair arguments over the years, but in the end, most advisors and individual investors fall on one side of the fence or [...]

October 11th, 2011|

Market Commentary: 10-7-2011

Surprisingly, we saw a positive week in the markets, though there was little volume.  The returns were surprising because of all the continued bad news coming out of Europe.  Belgium’s biggest bank, Dexia, is going to be bailed out and partly nationalized by the French and Belgium governments, Italy and Spain were both downgraded, and [...]

October 10th, 2011|

Teaching Kids Healthy Money Habits

As a parent, have you ever thought, ‘If I had the financial information I have now, I would not have made those mistakes. How can I make sure this doesn’t happen to my kids?’ Children need strong boundaries and moderation to thrive.  They need to know their limits for their own security.  Financial matters are [...]

October 7th, 2011|

Market Commentary: 9-30-2011

Another vicious week of volatility…  I am not sure if it is worse that the market is swimming in uncertainty or that it appears the market is waiting for a catalyst to send it up or down.  When scanning the world it is hard to see where the good news will come from that will [...]

October 2nd, 2011|

Market Commentary: 9-23-2011

This past week could not have ended sooner.  The big news of the week was the Fed's announcement of the much anticipated “Operation Twist II.”  The Fed will be selling $400 billion in short-term treasuries and buying the same amount in long-term treasuries.  This left the market sour as investors were looking for more purchasing [...]

September 26th, 2011|