Everyone knows they shouldn’t drive through the rear-view mirror when investing. It was obvious that a lot of people were doing this during the Bull Market that ended poorly in 2000. This was known as the dot-com bubble. Many investors were chasing the latest investment fad which was technology in the late 1990’s. We were… Continue Reading: Why you Shouldn’t Chase the Latest Investment Fad
Some have called this the Waiting for Godot Recession. Waiting for Godot was a play that came out in the early 1950’s. It was voted the most significant English-language play of the 20th century. 1) The two main characters banter back and forth and have various encounters while waiting for Godot. The recession we are… Continue Reading: 6 Black Swans Easy to See
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Creative Destruction was a term coined by Austrian Economist Joseph Schumpeter in 1942. This term essentially describes the dismantling of current processes and procedures to make room for improved methodologies. An example of Creative Destruction is smart watches replacing wristwatches.… Continue Reading: Creative Destruction