Industry Insights

Sometimes people ask me what to watch out for when it comes to investing their money. I think they usually expect me to tell them about a specific stock to avoid, or something like that.

In June, Moody’s Investors Service released an interesting report analyzing the pension funds liabilities of states. If you are a Teacher, Police officer, Fireman or other state employee it would be wise for you to read what the report says about your states’ pension liability.

As my oldest was about to take her first economics class two years ago, I jokingly told her all “…she would need to know to get a good grade in the class.” She played along and said “What’s that Dad?” I’m sure she was waiting for a parental lecture.

Our friends at Mass Mutual have produced an outstanding video on student loans for viewing.

1. Know the most tax efficient way to manage your investments is to hold the winners and let them run, and to sell the losers quickly. With this philosophy, you learn to fail fast and hold the strong stocks that carry the potential to be home runs.

For years, I have been a fan of auto racing. Usually by mid-summer auto racing drivers enter what is known as the silly season, a time of year when the speculation begins about who will be driving for what car during the next year.

We have all been there… your car stuck on the side of the road when you have places to be and people to see. Maybe you have a flat tire, or maybe it is something worse like a bad transmission.

We rarely, if ever, make predictions on markets. Our view is that there are enough people with those opinions, and who are mostly wrong.

On Saturday, September 22nd, we had our client appreciation picnic at Martin Snook Park. Leiter's catered a wonderful spread.