Financial advisors specializing in investments, life insurance, and retirement planning with investor coaching in Altoona, Lewisburg, State College, PA and the surrounding areas.
The art of portfolio allocation and portfolio construction have been debated for years. When it comes to prudent investing, however the science is very clear. In this area you will find a plethora of information concerning an academic and scientific approach to portfolio allocation and construction. There are number of subtleties that can often throw people off track, it's important you get educated about the realities of what the science teaches concerning how to pick a different investments for a well diversified global based portfolio.
Here is this weeks “It’s Your Money” podcast with the “Investor Coach” and host, Paul Nichols, the founder of Financial Abundance, a registered investment advisory firm located in State College, […]
The Dow Jones Industrial Average (DJIA) index is up 13.8% half-way through the year. The Standard & Poor 500 (S&P 500) index is up almost as much, at 12.6%, but the markets didn’t rise over […]
According to the Wall Street Journal, 21 of Fidelity’s Mutual Funds dumped nearly two million Facebook shares in June, less than two months after this “IPO (Initial Public Offering) of the Century” went public. Over that brief period of time, this wildly anticipated and super-hyped stock plummeted to almost half of its original price.
Do we own, or did we own Facebook shares in any of our investment portfolios? The answer is a resounding NO! As with any new public offering, Facebook does not meet the screening criteria of Dimensional Fund Advisors (DFA), the primary investment company we use in the development of our portfolios. To put it simply, at this stage of its corporate life, Facebook is just too risky for too many of our clients.
Facebook! The IPO (Initial Public Offering) of the century! Facebook will “go public,” which means that you can buy its shares just like you can buy the stock of any other public company.
Lots of people who never invested before are calling financial advisors and stock brokers to buy shares, but is this a good idea? Does it make sense to buy individual shares of Facebook for your investment portfolio? A lot of people think so, because they are comfortable and they use the product every day.
The answer to the question as to whether or not you should buy Facebook depends on your objective. If you want to speculate with your money, you may want to take a chance. However, you have to be prepared to take a loss – perhaps a sizeable loss – if you are unlucky and the share price falls.
This week the investor coach, Paul Nichols, once again pulls back the curtain from his opulent State College studio to expose the truth about retirement planning, investments, estate planning, income planning, and things financially. He really focuses on, it’s about lifestyle and not about age, when it comes to picking a portfolio objective.
This week’s podcast from the investor coach, Paul Nichols, is vital as it relates to understanding the basics of investing, retirement planning, and overall financial health. When you understand the difference between asset classes versus sectors you can avoid this speculation and hype that may come with investing. Pay for coaching not for products.
Financial Abundance, Inc., is a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.
Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.
http://www.FinancialAbundanceInc.com
866-867-5745
2134 Sandy Drive Suite 1
State College, PA 16803
Thank you
Check out this video of Mark Matson’s appearance on Fox Business last Friday. Mark is the CEO and President of Matson Money, the portfolio management firm we use, as well as my personal coach.
Last Friday marked the 10 year anniversary of Enron Corporation going bust.
On December 2, 2001, Enron filed for bankruptcy. In the late 1990’s and the very early 2000’s, you could hardly find a growth or a high tech mutual fund that did not list Enron as one of its top 5 holdings. Yes, it was sad when the company tanked, but it was devastating to the thousands of Enron employees who’s 401(k) Retirement Plans were brimming with shares of Enron Stock.
At the time, a little over 60% of Enron employees’ 401(k) accounts held the company stock. About 11% of that was the “company match” portion, but the rest was selected by the employees as a retirement plan holding. And essentially overnight, their plans for a peaceful retirement were shattered.
The holiday season is upon us, which means gift shopping, visiting family members and planning for end of the year events. It’s easy to get caught up in the holiday mayhem year after year, and before you know it too many years could pass while you put off planning for your financial future.
We live in a fast-paced, high-energy society that is constantly on the move and always looking for shortcuts. As a result, certain aspects of our lives are often put on hold until a more convenient time when life isn’t so hectic. The fact of the matter is that life is always busy and sometimes we have to force ourselves to pay attention and take care of the important things now, so that we won’t pay the price down the road.
“A blindfolded monkey throwing darts at a newspaper could select a portfolio that would do just as well as one carefully selected by experts.” – Burton Maikiel, from A Random Walk Down Wall Street.
This observation from Maikiel prompted the WSJ to run a Dartboard Contest to test this theory. Over a ten year period, starting in 1988 and ending in Oct 1998, there were 100 such contests in which the results of monkeys throwing darts at a stock page were compared with the results of the best and brightest of Wall Street. Slam dunk for the “pros”, right?
This week, Paul Nichols, the president of Financial Abundance gives his thoughts on the gold blowup. Paul gives some very pointed advice on this subject and market timing in general along with the market update as of 9/15. The “Investor Coach” hits another home run this week!
Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.
Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.
http://www.FinancialAbundanceInc.com or 866-867-5745
Thank you
The television or radio nowadays is being bombarded with advertisements to “buy gold.” Firms selling gold now have a huge cash influx and are using it to attract more buying creative marketing. You will hear that it’s the “new gold rush” and get in now because “prices will continue to go to through the roof.”
Market timing a concept that has been excepted for decades as a strategy for managing different investments held in ones portfolio or overall of estate. The idea is that […]
Stock picking, market timing and track record investing are techniques devised to outwit the stock market. Can the market be beat?
Modern portfolio theory was brought to us by Henry Markowitz winner of the Nobel Prize in Economic, 1990 along with Merton Miller and Williams Sharp. Modern portfolio theory is the […]
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