As 2016 comes to a close, it’s a great time to reflect upon what was accomplished this year and plan your goals for the next 12 months. We at Runnymede are extremely grateful for the clients that we serve and …
This is the time of year when you are bombarded with articles about New Year's resolutions and how to actually keep them.
It wasn't so long ago when people would check stock prices in the newspaper with their morning coffee. You could check your portfolio once a month when your account statement would arrive in the mail.
Fast forward to today and thanks to the internet and phone apps, you can check your investments up to the second. However, is having so much data at your fingertips making you a bad investor?
Per a recent Wall Street Journal article, the answer for many people is yes — for the simple reason that they tend to make investment decisions based on short-term losses in their portfolio, ignoring their long-term investment plan. Behavioral economists call that tendency “”myopic loss aversion”” and this is an increasing problem in todays always connected world.
Feeling a bit like Ebenezer Scrooge? It is still early yet this December so there's time for prepping, shopping, and holiday parties. And if you should find redemption after meeting the three Ghosts of Christmas, you may find yourself wanting to gift some of your appreciated stock to a qualified charity. If so, here's a quick article on valuing your charitable stock donation.
Stocks continued to move up last week as all major U.S. indices hit new highs. Investor optimism rose as expectations for deregulation, possible tax cuts and fiscal stimulus under the new administration accelerated. These same factors put upward pressure on bond yields and the U.S. dollar. A strong Dollar has historically been good for the stock market. The reasoning is simple. If you are a European or Japanese, would you leave your money in a bank which takes a piece of your money given negative interest rate policies; or would you rather send your money to the US where we have positive interest rates and a rising stock market?