Going into 2016 the Wall of Worry is high. Then again, stocks traditionally climb that wall of worry. Even in 2015, when there seemed to be a mountain of fears, stocks were resilient. The Nasdaq ended up; the S&P was pushed very modestly into positive territory and the Dow was essentially flat when dividends were […]
TV Interview: Betsey Purinton with Frank Coletta from WJAR/NBC 10: Volatility – When to be Nervous and When to be CalmNovember 19, 2015 2:42 pm
Building on her November 9th blog, Betsey A. Purinton, CFP® spoke with WJAR’s Frank Coletta about when volatility is normal and when it can be concerning.
Now that the August/September swoon has passed and the markets have recovered their swagger, I can talk about volatility without sounding alarmist. Volatility is simply the relative rate of price change, meaning how far the price of an asset moves from a particular reference point. Volatility can be low (small moves) or high (dramatic moves) […]
TV Interview: Derek Amey with Frank Coletta from WJAR/NBC 10: Big Announcements to Social Security and Medicare-What They May Mean for YouOctober 23, 2015 3:52 pm
Building on his October 16th blog, Derek Amey spoke with WJAR’s Frank Coletta about how changes to social security and medicare could affect you or your loved ones.
If you’re retired, and have started to collect Social Security you may want to skip this week’s news and go out and enjoy the fall weather that has arrived in New England. In the news are two announcements that can and will affect retirees- specifically those who collect Social Security and/or Medicare. Changes to Social […]
Talk about mixed messages! First there is the economy itself. For most of the year, the data has been positive (housing, labor, consumer spending, credit availability, inflation, etc.). However, it is not unusual for a negative indicator to be released alongside a positive one, throwing doubt as to the direction or pace of the recovery. […]
“Lower for longer,” the adage for the Federal Reserve, was interpreted as “lower for much longer” after last week’s decision to hold rates steady. I heard James Bullard, President and CEO of the Federal Reserve Bank of St. Louis, clarify this morning that the Fed wants to follow the doctrine of “Go early; go gradually.” […]
TV Interview: Megan Logee with Frank Coletta from WJAR/NBC 10: Financially Preparing To Take Care of an Aging ParentSeptember 11, 2015 12:00 am
Building on her July 29th blog, Megan Logee spoke with WJAR’s Frank Coletta about how to prepare financially for when the time comes to take care of an aging parent.
Market gyrations test investor instincts. Did you want to buy or sell in the recent market turmoil? If you stop to think about your gut reaction, you can learn a lot about your investing style and how to avoid bad decisions. I like to think that investors fall somewhere on a long continuum from being […]
Last week, one of the most popular articles seen on a variety of investing and financial websites was built around a pithy quote from Jack Bogle, the founder of Vanguard, and his “Surprising Retirement Advice.” The crux of the article (http://time.com/money/3983178/vanguard-founder-jack-bogle-retirement-advice/) is that as investors are saving for retirement, he believes you should resist the […]