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Connect with us!
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303.747.6455
Money can and should do good things: for you, your family, and the causes you believe in
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Michael Brady, President
Generosity Wealth Management
885 Arapahoe Ave.
Boulder, CO 80302
P 303.747.6455
F 858.947.3807
www.generositywealth.com
Registered Representative of and securities offered through Cambridge Investment Research, Inc. Member FINRA/SIPC
Investment Advisor Representative, Cambridge Investment Research Advisors, Inc. a Registered Investment Advser
Generosity Wealth Management, LLC and Cambridge Investment Research, lnc. are not affiliated companies
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The information being provided is strictly as a courtesy. Our company makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you assume total responsibility and risk for your use of the sites you are linking to.
The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested. The Standard & Poor's 500 Index ("S&P 500") is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market. The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends. Indexes are often used as a proxy for the stock market and cannot be invested in directly. Diversification and asset allocation strategies do not assure profit or protect against loss in a generally declining market |
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The 3rd Quarter was schizophrenic, with most of the unmanaged US and international stock indexes negative, bonds (in general) slightly positive, and with tons of volatility across the board.
Particularly in the past few weeks, every day there seems to be triple digit swings in the Dow, and lots of negative news (ISIS, Ebola, etc.).
Now is the time when we have to remember the big picture and what we as investors are striving towards. It is the time when emotions can be high, but we need to keep a steady hand and focus. Now is when we reaffirm what our goals are and whether information that we're being given is something to be alarmed about, or the normal course of a market.
I address these "big picture" issues in my video this week.
 | | 2014 10 03 - The Big Picture |
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Risk of Third German Recession Pressures Europe
Tensions with Russia, slowing global growth and falling consumer confidence mean the region's  biggest economy struggled to grow in the past 3 months, and may turn out to have shrunk for a 2nd quarter running. Across the eurozone as a whole, recently released data showed that economic sentiment dipped in September for a 4th month in a row.
Questions abound about whether this could lead into a vicious circle of falling prices and stagnation. I'll continue to watch this closely and make some macro recommendations for my clients as this continues to unfold.
When Exotic Devices Create Exotic Problems
I love the below article, and recommend you read it. Essentially it talks about the limits of complexity, and how exotic devices can create exotic problems. The reason this is relevant is the applicability of this principal to finance. - Any financial model is only as good as the person or team using it
- Complex strategies can create unforeseen complications
- Some problems have no solution, so you have to choose which form of risk you want to deal with, risk now or risk in the future.
- etc.
Really good article and I agree with all his points.
Pimco Founder Bill Gross
Pimco is a mutual and ETF firm with a huge bond fund that has been the player in that space for the past 40 years. Bill Gross founded the firm in 1971, and it is now around $2 trillion dollars under management.  Last week Bill Gross decided to leave the fund and move to Janus. This is important because of the disruption to the bond market as huge sums could (and I say could) move from one firm to another.
The bond market doesn't get as much coverage as the stock markets, but this is a pretty big change, equal to the Denver Offensive team picking up and going to Oakland. Heaven forbid.
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Saturday Morning Cartoons are No More
I don't know about you, but growing up I loved my Saturday morning cartoons. My favorite was Superfriends (by far), but I loved Scooby-do and other shows too. Sadly, an era has come to an end. You'll be glad to know it ended for me 30 or 35 years ago anyway, but for kids today they no longer have 1 sustained time frame to veg-out in front of the TV. Sadly, they can do that vegging 24/7 with all the options to watch. The CW was the final broadcast network to program a Saturday morning block, and it aired for the last time this past weekend. :( 
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I'm here to help!....
I'd love to talk more with you about the above topics or anyway I can help you grow and preserve your money while providing for yourself, your family, and community.
Mike
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