We watched the movie “The Italian Job” a few nights ago. It’s the heist movie where Mark Wahlberg, Charlize Theron, and company steal and re-steal $35 million in gold bars. It got me thinking about the trend in gold prices since I last wrote this article almost 18 months ago: LINK – Gold: An Investment In Fear? Despite being considered an excellent hedge against inflation … Continue reading Time Yet For Gold?
Since we are coming up on the end of June – the mid-point of the calendar year – that makes it a good time to look at market performance and see how our portfolio is performing so far in 2018. In short, it has cooled off significantly from last year, although that’s to be expected given the blazing returns posted in 2017 when the S&P … Continue reading Mid-Year Market Musings
I met a friend of my wife’s at the garden center this past Monday morning who retired a few years ago after 30+ years at a local MegaCorp. We were talking about the negative fortunes both our former employers have shown in their stock price. Both companies have seen much better days – down 25-40% from their peak a few years ago. He knew a … Continue reading MegaCorp Stock – Trading on the Familiar
Many people think of the stock markets as being owned by fat-cat rich people like Mr. Monopoly. I recently ran across an ARTICLE on Business Insider with a great chart showing how much ownership of the $25T US market has changed over the years. You can see there has been a significant democratization of US equities with a tremendous share of company ownership in employee … Continue reading Who Owns The Stock Market?
My Sunday morning newspaper headline proclaims that “The Gun Debate Regains Sense of Crisis” and social media is filled with discussion – some thoughtful, some insipid – on what direction the country should take. One friend and MrFireStation reader is taking an interesting tack on driving the change he would like to see: eliminating any investments in his portfolio that include gun companies. Regardless of … Continue reading Do You Want Guns In Your Portfolio?
We had some new friends over for dinner on Saturday night and I, of course, got lots of questions about how we retired before we turned 50. The husband figured that I made some amazingly, lucky investment that paid out like we had won the lottery. He asked what our special investing strategy was and I told him I pretty much just invest in S&P … Continue reading Callan Periodic Table – Fascinating, But Useless?!
Is it time to rebalance your early retirement portfolio? With the Dow Jones breaking 25,000 this week (I remember when it broke 1,000!) – and after posting 37% growth since the 2016 Presidential Election – maybe it is time to look at your balance of stocks, bonds, and cash and ensure that you have not become overweighted in equities? The year 2017 was a great … Continue reading Dow at 25,000 – Time For A New Year’s Rebalancing?