Longboat Retirement Solutions LLC

Trump’s Stock Market Bubble December 10, 2017

The US stock market is continuing it’s rise beyond any rational level.  The Trump administration can probably claim some credit, but should it?  Is this a big old bubble, ready to pop any day?  Probably.  Will Trump take the credit for the crash?  Probably not.  Wether you are on the Red Team or Blue Team, you need to recognize a bubble when you see it – no matter which team is currently taking credit or blaming the other colored team.  It’s all the same.

The best way to cover your ass is to put someone in charge of your investments that has your best interest in mind – YOU.

Your stockbroker or investment manager or financial planner has their best interests in mind, not yours.  Make no mistake.

A Solo 401k enables you to invest in what you want, when you want it.  There are no fees, no waiting for permission, and no middle man.  Buy when you want, and sell when you want.

Stop paying for someone else to make decisions for you.

 

Diversified Portfolio February 28, 2017

Over and over I hear the mantra “Diversified Portfolio” – but what does that mean?

Diversification means different things to different people.

Most however, think that it means they own stocks in several industries that counteract each other. In other words, they own two stocks – if one goes down, the other goes up. No two stocks are going to perfectly counteract the other, but a person can come close with lots of research.

Other people (including myself) contend that investment diversification must also include investment class diversification and international diversification. In other words, you should own things other than stocks, things like metals, currencies, bonds, real estate, and even international investments.

The argument could be made that a world wide downturn would hurt all of these things. Well….sure, maybe, but maybe not. Generally “safe harbor” investments and “contrarian” investments like gold, and certain currencies (Norway, Switzerland) tend to go up during world wide downturns.

Now, being a guy that does not give investment advice, I’m not going to advocate any particular investment, or even investment class, or even investment style….but do your research, and diversify…..and I mean really diversify, not just own a bunch of U.S. stocks.

 

….And It’s Gone July 28, 2013