The Patient, Disciplined Investor Sleeps Comfortably at Night
Looking past scary headlines…resiliency July saw markets collide with a whole bunch of unsettling headlines. Greece tiptoed across the default line. Stocks in China, which peaked in June, were badly battered in July. The Fed continues to telegraph that it wants to start raising interest rates sooner rather than later. Corporate profits are running into headwinds […]
Read ArticleThe Morgan Report 2015 Q2 Review: Greek Salad Hold The Euros
“I am indebted to my father for living, but to my teacher for living well.” –Alexander the Great Every day of our lives presents us with moments. Moments that can affect us for years to come. This past quarter presented itself with many moments that contrary to what some might be saying are not […]
Read ArticleMarket Commentary July 2015
An island of instability One month ago, I spent a considerable amount of time talking about the U.S. economy. I discussed the slow climb out of a deep hole and another speed bump earlier in the year. But there has been some good news – the economy seems to be exiting the funk it entered […]
Read ArticleMarket Commentary June 2015
Two steps forward. One step back. Did you know that the economic recovery is nearly six years old? That’s right – the Great Recession ended in June 2009, which means the economy pulled out of its nosedive and began to climb higher the next month. That is what the National Bureau of Economic Research, which […]
Read ArticleMarket Commentary May 2015
95 years young Sir John Templeton may not be a household name, but in the investment world, he is a legend. Born in 1912 in humble surroundings, he attended Yale University during the Great Depression and was named a Rhodes Scholar to Balliol College at Oxford. He began his career on Wall Street in 1937 […]
Read ArticleApril Market Commentary
Warren Buffett: Takeaways from a stellar 50-year track record Market Performance Index MTD % YTD % 3-year* % Dow Jones Industrial Average -1.97 -0.26 10.40 NASDAQ Composite -1.26 3.48 16.60 S&P 500 Index -1.74 0.44 13.66 Russell 2000 Index 1.57 3.99 14.70 MSCI World ex-USA** -2.09 3.17 5.29 MSCI Emerging Markets** -1.59 1.91 -2.19 Source: […]
Read ArticleThe Morgan Report 2015 Q1: What The Buddha Taught
For some, the mind is a battlefield. For others, it’s a tranquil pond. The difference between those two states is a personal journey that involves both the mind and the heart. And, you are never completely in one state or the other; it takes continued effort and discipline over time to get the results you […]
Read ArticleWhy Some Uber Drivers Are Losing Money
COST DEPRECIATION, CARS, AND UBER As a Certified Financial Planner® professional, I’ve been talking with clients about cost depreciation for years. The concept can be a little difficult to grasp, but it’s perhaps most clear when discussing automobiles, new cars in particular. Surely you’ve heard that when you drive your new car off the lot, […]
Read ArticleMarket Commentary March 2015
In the midst of 2008-09’s downward economic spiral, gloom, and talk the economy could enter a Great Depression, the S&P 500 Index ended March 9, 2009 at 676.53, according to data provided by the St. Louis Federal Reserve. Few predicted at the time that stocks had put in a bottom, and investors had just given […]
Read ArticleMarket Commentary February 2015
Volatility is a word analysts throw out frequently when markets gyrate sharply over a short period of time. One day it’s sheer ecstasy and the next day if feels like despair. Investopedia defines it this way: “Volatility refers to the amount […]
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