2 AM on November 9th. World stock markets are down considerably. Do I prepare to move clients out of equities?
Now that I've had a few days to digest the results of an extraordinary election, one main thing jumped out at me....
If you've been waiting for the next financial endeavor from the Wu-Tang Clan, you're in luck. Ghostface Killah's world is now ruled by cryptocurrency instead of dolla dolla bill y'all.
C.R.E.A.M., indeed.
Now if you're thinking this is a sequel to Wu-Tang Financial, the hilarious David Chappelle sketch from back in the day, let me assure you this is 100% real.
"You never seen a hearse with a trailer hitch..."
Kristian Bush, "Trailer Hitch (Goodwill Version)"
Now a U2 concert may not be everyone's cup of tea. It may be seeing your alma mater in the Rose Bowl (still waiting, Bear Down Arizona!), an experience as a family volunteering to help the less fortunate, or a family vacation that started with us locked on a military base eating bags of chips for dinner (don't ask); but the things that remain with us are the moments we experience. Those shared experiences get stronger over time as the stories get recounted and embellished. Even the bad ones. The joy you felt when you picked up your iPhone 7 fades but your memories get sweeter.
Check this out.
Not sure if this is a carnival barker crossed with a Robinhood account or a mirror to our society....
Think Your Retirement Plan Stinks? Talk to a teacher, a firefighter, police officer, or employees of a religious organization or non-profit organizations like hospitals.
Millions of Americans - public school teachers, clergy members, employees of religious institutions or non-profits are offered 403(b), 457(b), and 401(a) retirement plans that have little oversight and excessive fees that will cost them tens of thousands of dollars over their lifetimes.
Those that spend their careers helping others should not be stuck with the worst options. That's a crime.
With all the talk of World War III after the election...
......history suggests that elections typically have had little lasting impact on overall market performance. Among the most powerful drivers: the business cycle, interest rates, corporate earnings, and when it comes to your personal performance—your investment plan.