By Steven Smith | Investment Management
Questions whirling around such global and fundamental issues as how the Eurozone and Greece will hammer out an agreement and the on-going uncertainty of the U.S. political scene in this presidential election year led to modest domestic declines and even greater declines in the international markets.
Continue readingBy Steven Smith | Investment Management , Wealth Management
The Vanguard Group announces it is abandoning active management in favor of an all passive approach in two of its most popular strategies.
Continue readingBy Steven Smith | Investment Management
The S & P 500 index was down 13.90 % during the quarter, the worst quarter since the financial panic of 2008. The S & P 500 (US large cap stocks) was actually among the better performers of risky asset classes. Small caps were down 22% and international stocks fell 19.6%. On the other hand, […]
Continue readingBy Steven Smith | Investment Management
Now that some of the dust is starting to settle from the debt ceiling crisis, it’s a good time for long-term investors to take stock of lessons learned. The lessons are not new ones: having realistic principles to guide your portfolio is still the best hedge against volatility and chaos. And, in the broad scheme of things, it helps to keep your investments in perspective.
Continue readingBy Steven Smith | Financial Planning , Investment Management , Money
Here is my client note accompanying 3rd quarter 2009 portfolio reports, discussing the continued turnaround in the markets.
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