In January of 1946, a man named Stanislaw Ulam found himself confined to a hospital bed, having suffered an encephalitis attack. A brilliant scientist and a veteran of the Manhattan Project, Ulam wasn't the type to sit idly while he recuperated. Instead, after playing innumerable games of solitaire [...]
A year-end housekeeping checklist
It's hard to believe that Thanksgiving is right around the corner. But with six weeks left before the end of the year, there's still plenty of time to do some financial housekeeping. Below are seven recommendations: 1. Visit your CPA: During tax season, accountants are so inundated with work [...]
Can an election impact your portfolio?
The past few weeks have been challenging for our country. We've seen some horrific terrorist attacks, and with mid-term elections right around the corner, polls indicate that the country is deeply divided. While the economy has been doing well, the stock market has started to wobble. October, in [...]
Another Rorschach test
As you may have seen, the stock market took investors on a wild ride this week. On Wednesday the Dow dropped more than 800 points, on Thursday it lost another 546 points and today it swung back and forth between positive and negative before closing about 1 percent higher. At times like this I'm [...]
Today’s market movements
As you may have read, the stock market had a difficult day today, with the S&P 500 and the Dow both down more than 3%. Many individual stocks, especially Technology stocks, fared worse: Google was down 5%, Amazon was down 6%, and Netflix was down 8%. For reference, the market's typical daily [...]
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