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chart shows car dealer profits over the years

Car Dealer Profits

I am reminded of this chart every time I drive by a car lot. Before the pandemic, financing and insurance profits made up 70% of the dealer’s..

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Chart shows that over the last 15 years, if you missed the top 10 best days of market gains, your return would have gone from 10.66% to only 5.05%.

Stay Invested

Below is a great chart from Putnam, which shows that over the last 15 years, if you missed the top 10 best days of market gains, your return would..

Read More

Vanguard vs. iShares by BlackRock

Since we use both Vanguard and iShares by BlackRock Exchange Traded Funds (ETFs) extensively, one of my pleasures over the last few years has been..

Read More

Chart indicates Year to Date of $100 Invested

The Market Response after Eight Days of Conflict

It’s hard to do commentary when in the morning, the markets are down, and by lunch they are level, and by the close they might be up, and vice versa.

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chart shows the levels in cash spiked during COVID and has not returned

Too Much Cash

In a compelling article by BlackRock, they make an argument that even though we are facing higher than normal inflation and turmoil, that fear is..

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Today's Market Notes - Russian Edition

As with all things, patience is the name of the game in the long run. Below are three notes about today.

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Rising and Falling Rates in Relation to Real Estate Prices

“A 1% decline in real interest rates should lead to a spike in home prices in certain cities in the U.S. ranging from 19% to 33%.” -Bloomberg (Feb...

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Russia vs. USA

It’s been a long slow slog for Russia. Seeing investors saying “let’s buy the dip.” But before that, Russia has some serious structural problems they..

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5% Pullbacks and Russia

Since 1927, the S&P 500 has experienced a pullback of five percent approximately every 70 trading days (about every 3 ½ months.)

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Cooling of Housing Market

Three charts from an article in Bloomberg that shows the housing market may be cooling from higher rates, higher prices (making homes less..

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Zero Real Rates

Yes, rates have climbed from their lows, but let’s hope we don’t look back on this and think that locking in a zero real return (1) for 30 years was..

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Exchange Traded Funds (ETFs) Continue to Grow

Lower cost, increased liquidity, better transparency, greater tax efficiencies, often more diversified, and for indexed ETFs there is no “drift” of..

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Car Dealer Profits

I am reminded of this chart every time I drive by a car lot. Before the pandemic, financing and insurance profits made up 70% of the dealer’s profits. Now, due to price appreciation of their inventory, that percentage has changed. However, the dollar profits from financing and insurance continue to increase. Car dealers have become more like finance and insurance companies.

More

Stay Invested

Below is a great chart from Putnam, which shows that over the last 15 years, if you missed the top 10 best days of market gains, your return would have gone from 10.66% to only 5.05%.

More

Vanguard vs. iShares by BlackRock

Since we use both Vanguard and iShares by BlackRock Exchange Traded Funds (ETFs) extensively, one of my pleasures over the last few years has been seeing each company try to outdo the other by lowering costs. As they continue to lower costs, they gather more and more investments. As referenced in a recent Bloomberg article, together they account for 64% of the ETF market as Vanguard is getting close to the size of BlackRock.

More

The Market Response after Eight Days of Conflict

It’s hard to do commentary when in the morning, the markets are down, and by lunch they are level, and by the close they might be up, and vice versa.

More

Too Much Cash

In a compelling article by BlackRock, they make an argument that even though we are facing higher than normal inflation and turmoil, that fear is driving investors to hold too much cash.

More

Today's Market Notes - Russian Edition

As with all things, patience is the name of the game in the long run. Below are three notes about today.

More

Rising and Falling Rates in Relation to Real Estate Prices

“A 1% decline in real interest rates should lead to a spike in home prices in certain cities in the U.S. ranging from 19% to 33%.” -Bloomberg (Feb. 23, 2022)

More

Russia vs. USA

It’s been a long slow slog for Russia. Seeing investors saying “let’s buy the dip.” But before that, Russia has some serious structural problems they need to overcome to become a good long term investment.

More

5% Pullbacks and Russia

Since 1927, the S&P 500 has experienced a pullback of five percent approximately every 70 trading days (about every 3 ½ months.)

More

Cooling of Housing Market

Three charts from an article in Bloomberg that shows the housing market may be cooling from higher rates, higher prices (making homes less affordable), and builders starting to ramp up supply.

More

Zero Real Rates

Yes, rates have climbed from their lows, but let’s hope we don’t look back on this and think that locking in a zero real return (1) for 30 years was a good investment at the time.

More

Exchange Traded Funds (ETFs) Continue to Grow

Lower cost, increased liquidity, better transparency, greater tax efficiencies, often more diversified, and for indexed ETFs there is no “drift” of the types of investments they make.

More