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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 Advisory firm.
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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Bullish to Bearish Indicators
I've mentioned all year long that I'm bullish and optimistic for the foreseeable future, and until data tells me something else, that's where I remain.
However, what would change my opinion? What are the data that I look at, and how would they need to change in order for my opinion to change?
Good question, and one I address in this issue's video
 | | 2014 12 19 Bullish to Bearish Indicators |
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7 Simple Things Most Investors Don't Do
I'm entering my 24th year working with clients.
I did financial plans for people decades ago, and usually, those that did reach their goals did so not because they bought mutual fund A instead of mutual fund B, or this investment over another, it had to do with having the right behavior and keeping the big questions in mind.
Ben Carlson wrote an absolutely wonderful blog that I've linked to below. He says very succinctly what I say all the time, and truly believe.
Here's his list of 7 Simple Things Most Investors Don't Do- Look at everything from an overall portfolio perspective
- Understand the importance of asset allocation
- Calculate investment performance
- Save more every year
- Focus only on what you control
- Delay gratification
These are absolutely right on, and reflect my thinking.
History is an Outline, not a Blueprint
Falling oil prices and collapsing exchange rates do not mean that it's 1998 again.
There's an old adage that "economists have predicted 17 of the last 3 recessions".
History is an outline, a guide, but there's a reason we disclaim "past performance is no guarantee of future results". It should be modified to say "past history does not mean it will repeat itself here again".
History is an Outline, not a Blueprint
 One technique for moving money from one IRA to another, and possibly use that money in the meantime, is to do a "60 day rollover". This is very common, and can be done once per year per individual IRA account.
Starting in 2015, you can only perform this 60 day rollover once per year for all your IRAs, regardless of how many you have.
What does this mean? IRA transfers, which I usually recommend for clients, is the way to move money from trustee to trustee.
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Sriracha Stout, A Brand New Spicy Beer from Rogue Ales
Someone please buy me this beer. That is all.
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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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