Stock Markets and Presidents

It is September in an election year and, yes, we are getting the question . . . “What do you think will happen if (the presidential candidate you despise) wins the election?” The answer? We don’t know. But here’s what we do know. What is happening in the world (a.k.a.               geopolitics) is much bigger than the president…

DON’T TRY THIS AT HOME (we are professionals)

The wonderful (and dangerous) thing about our business is that it frequently appears to be so simple. And some days it actually IS simple . . . until it isn’t. True story. Back in the good old “dot com” days, we had a client call up and say “I just got a hot tip. I…

Why Is the Stock Market Going Up When It’s Supposed to Go Down?

During a recent webinar for the private clients of BCWM, we reminded        everyone that everything you’re already aware of, everything you hear on TV, and everything you read on the Internet . . . . . . is already public information AND is already priced into the stock market. It is often tempting to make…

Social Media can be Harmful to your Wealth

One of the biggest unintended consequences of everyone on the planet being quarantined for an indefinite period of time is that people began spending an unhealthy amount of time watching TV news or surfing the Internet, activities that previously took up far less of most people’s days. Neither activity is       particularly beneficial for anyone attempting…

Free of Charge: A Barrel of Oil and a Steak Dinner

An interesting thing happened last week. The price of oil fell through the roof and then through the main floor and then it created a large hole in the      basement. On Friday, April 17th, the price of crude oil (West Texas                  Intermediate, aka WTI) closed the trading day at $18 per barrel. On the        ensuing…