Monthly Archives: April 2010

Corporate earnings have fully recovered back to long-term trendlines, and stock prices have pushed right on through fair value. Any movement upward from here is getting into "exuberant" territory. Regular readers (and clients) know that we are underweight to equities at the moment. Meaning that, if a family has a long-term objective of 60% stocks, we only have about half that exposure to stocks and stock-like assets. We made this tactical ...

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We commonly think of three possible actions that we can take with our investments – Buy, Sell or Hold. One of these three is always the wrong choice. Can you tell which one? For more than a generation, Wall Street analysts have issued reports on stocks. These reports are generally accompanied by a recommendation to Buy, Sell or Hold the stock. Many analysts further break these three categories into finer gradations ...

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