By Ernest Wong|2019-04-17T09:06:17-04:00April 16th, 2019|
Will Rogers was an actor and humorist who was popular about 100 years ago. His advice on investing has stood the test of time: “Don't gamble; take all your savings and buy some good stock and hold it till [...]
David revisits an essay he wrote on the housing industry in September, 2014 and suggests that we in the financial services industry are trapped in a version of Groundhog Day when it comes to our worries about a housing correction. Here is the unaltered version of that article.
Shares of Google's parent company were down in pre-market trading after Alphabet posted a first-quarter revenue miss. The company is reporting slower growth after steadily expanding at 20 per cent or more in previous periods causing fears advertisers are shifting some spending to rivals. Barry Schwartz, chief investment officer and portfolio manager, joins Paul Bagnell to discuss.
Barry Schwartz, chief investment officer and portfolio manager, explains how investors do more harm to their portfolios when making adjustments to prepare for a recession, than an actual recession itself. He says you're much better off doing nothing because market corrections are often followed by bigger gains just six months later.