By Matthew Scott Posted 8:00am 05/30/10 Hindsight is definitely 20-20, but many investors are no doubt kicking themselves for not practicing the old adage “Sell in May and go away,” after May turned in the worst market performance since February 2009. Highlights: Rose Greene, a certified financial planner for LPL Financial in Santa Monica, Calif., [...]
Read the full article »
Posts tagged as:
stock market
What’s the difference between “billions” and “millions”? About 650 points. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® Did a mistake make a selloff more severe? The Dow Jones Industrial Average settled at 10,520.32 Thursday after a 347.80 loss, with fears over European sovereign debt affecting Wall Street. Yet the 347.80 decline was [...]
Read the full article »
Provided by Los Angeles Financial Planner, Rose Greene, CFP The stock market is amazingly resilient. You might be surprised at how fast the stock market can change … for the better. Let’s look at how the market has recovered remarkably – and quickly – from some notable downturns. 2008-2009: The collapse of the subprime mortgage [...]
Read the full article »
Buy in June and Stay Tuned
by Rose Greene, CFP on June 2, 2010
Weekly Market Commentary, June 1, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights “Sell in May and go away” only works about one-third of the time. With a pullback having already taken place, we find little value in this old adage. We believe investors should “buy in June and stay tuned” this year. [...]
Read the full article »