Articles
Sharing Our Financial Wisdom through Articles
Stocks in 2023
My mom always had to tell me, “we aren’t opening any presents early.” Christmas Eve as a child was tough because I didn’t like to wait. I was the “can’t we just open one present tonight” kid. Marketwise, things are about to change for the better, but we have to wait a...
The Buzzkill Federal Reserve
“The next person who slide tackles is kicked out of school.” I loved our principal, but he was our good times’ buzzkill. In high school in the 90’s, some buddies and I started this game where we would run down the hall and slide to take out a buddy walking down the...
Better Than I Remembered
“We had a fountain under our wedding cake?” A few days ago, on our 26th anniversary, we watched our wedding video for the first time in 20 years and were surprised by a lot of it. Most notably, neither of us remembers having a beautiful fountain under our tall wedding...
Fed Pivot
Headline consumer inflation (inflation with food and energy prices included) slowed last month to 7.7% from 8.2% based on a year-over-year comparison.
December Bragging
The markets like December. Investors and financial advisors are more bullish (optimistic) in December than in any other year.
Stocks Rise First
The stocks tend to bottom out and start getting better long before the economy does.
Get Along Shirt
Last week’s midterm elections gave us a mixed government, the political version of a big Get Along Shirt for the Republican and Democratic parties to wear together.
Stop Talking
Going into this month’s Fed meeting, everything was going well after the meeting when Chairman Powell kept talking and scared investors. Here’s how it went.
Positive Signs
The S&P 500 stocks have rallied in the last 30 days over 5%. They are reacting to a positive Gross Domestic Product (GDP) report and positive signs from Federal Reserve officials.
Big Swings
The market was really swinging on October 13, 2022, when it swung 5.5% during a single day.
Selling in a Downturn
The vaccine rollout and the reopening of more businesses led both the U.S. and global economy to grow considerably in April. The U.S. economy continues to ride the huge wave of stimulus money that was pumped into it during the height of the pandemic to the detriment...
A Good Spark
“I just need a good spark.” Our son was twelve years old when he bought a flint fire starter from Bass Pro, and he was struggling to light the fire in our firepit. He had his dry grass and small kindling ready, but he struggled to get a big enough spark from his flint...
Uncertainty
The last several weeks have seen a very uncertain stock market due to high inflation, Putin’s war, and rising interest rates. With these things in mind, here is what I’m thinking about for the rest of 2022.
Playing Catchup
I had to make up points on the throwing events. It was field day at my elementary school, and I'd been paired in the running event with Shannon S, who could outrun me backward. He took off, and I tried catching up to him the whole race. He was already drinking...
Big Drop
The markets had a big single-day drop on September 13, 2022. The Dow Jones index was -3.94%, S&P 500 Index -4.3%, and Nasdaq -5.5% making it the worst day in the market since June 2020, according to the WSJ.
Just Do Something
“Dad, will you help me change out my headlights?” My son is just days away from his birthday and getting his driver’s license. He bought a truck in May with his own money and can hardly wait for the freedom and fun that comes with a driver’s license. When it comes to...
A Bumpy Climb
Since the market low on June 16, the S&P 500 Index has recovered 17% through August 16 but went backward over 3% as of August 25 (Yahoo Finance.)
Unexpected Support
The market has been doing better than expected since mid-June. The S&P 500 is up 16% since its low point on June 16, and though still down, it was only 11% below its all-time high.