Every financial planner agrees you should have an IPS, but I’d be willing to bet actual investable cash that you don’t, because the idea of writing an investment policy statement makes writing a will sound like prom night.
Every investor faces a whole host of challenges in managing their portfolio. Chief among them: deciding not only when to buy, but also when to sell. This is critical when you’re taking profits and when you’re cutting losses.
It’s the holy grail of investing: stock market returns without stock market volatility. In an effort to court investors who are sick of watching their money disappear in a bear market, some investment companies now offer “absolute return” funds. But do they deliver on their promises?
Financial statements are supposed to be straightforward summaries of what actually took place in a corporation, understandable by all. Right? Not quite. The balance sheet, income statement and a summary of cash flow are only summaries of the numbers. Much more detail is found (or hidden) in the footnotes to these statements.
This Sunday, the Red Carpet at the 83rd Annual Academy Awards (alright, the Oscars) will drip with diamonds from the likes of Fred Leighton and Neil Lane. Diamonds can also be a good bet for investors, especially in a market fraught with geopolitical turmoil. Diamonds are considered by many to be a store of value similar to gold; as global demand for diamonds increases, prices will pick up.
Every year, the White House makes public a document officially known as a “public financial disclosure report,” or Form SF 278, that details the assets and income of the President currently in office. Form SF 278 is a wealth of information and curious facts, including where the President keeps a checking account, retirement savings and even 529 plans — and, of course, their balances.
Ever notice how nobody ever says “bonds and stocks”? In fact, ever heard anyone bring up bonds at a party and seen his listeners stick around? The more animated conversations always tend to revolve around stocks. Today, we’re putting the supposedly safe-and-boring part of your portfolio in the spotlight.