Long-time clients and advisors of SEM know we are not afraid to hold cash. In fact, when explaining our strategies we often quote Will Rogers, “it’s not about return ON your investment, it’s about return OF your investment.” Whether it’s your household
“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” –Sir John Templeton
While we could have
Nobody rings the bell at the top of a bull market telling us the fun times are over and to prepare for the bear market. Markets can go up far longer than most of us can imagine, which is what makes them so dangerous to investors. The seemingly resiliency of
As you may have noticed, I haven’t been posting every day. Yesterday an advisor asked me why. My answer —
There are only so many ways I can say the same thing over and over again. If there are major events that could move the markets
This week the Federal Reserve voted to raise interest rates again despite phantom inflation and lackluster economic growth. This has again brought out the “rising rates are bad for bonds” crowd. As expected this has caused our clients in our Income Allocator (INA) and Tactical Bond (TB) programs




