What a week for the stock market ending August 5, 2011.   Obviously, the short-term direction of the market is DOWN! The 20 day moving average of the S&P 500 stock index has busted-through its 50 day moving average.  The longer-term direction is a weakly UP.  If the 50 day moving average goes through its 200 day moving average, then the longer-term direction will be down.  It is now very close to doing this.  If

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For those retired or nearing retirement and concerned about how to retain purchasing power and preserve their wealth and lifestyle during inflationary cycles, there are prudent portfolio strategies to consider during what is often known as the “distribution phase”. Now is the time to think about the impact inflation might have on your retirement income plan. These 6 strategies can help to build a comfortable retirement in the wake of today’s volatile business, investment and

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A comprehensive retirement income strategy will help protect your investments from inflationary pressures.  This is because Inflation impacts nearly all retirement-based investing vehicles. Consider this high-level view of some of those most common: 1.  Cash, money market, savings and checking accounts. These instruments are not going to keep up with inflation and taxes, but they are great places for your operating account (day-to-day expenses equal to 1-3 months of living expenses), and your emergency account

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I’m sure many have heard the expression, “The squeaky wheel gets the oil”.  The same can be said for investment talk.  The worst information is often the loudest. Talking heads reporting about this stock or another, the losses and gains of the market, and ups and downs of the economy has turned up the volume to a degree where the noise has become a complete and harmful distraction.  Much of it is misdirected and those

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Wall Street may soon be refurbished as the SEC continues to push for brokers adhering to a universal fiduciary standard. This is due largely in part to a recent study by the SEC on Investment Advisers and Broker-Dealers that was required by the Dodd-Frank Wall St. Reform and Consumer Protection Act. That means that brokers would have to put the interests of the client first. Right now only investment advisers have to hold fast to

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The goal of any investor is to have the most successful experience possible, or at least an experience that will help them reach their financial goals. Unfortunately for many investors the experience is anything but successful. As we have said for many years at CJM investing is easy it’s just not simple. All you need to do is follow a few simple rules, rules we have professed to our clients year after year such as

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Last weekend I had the rare opportunity to sneak out of the house for a round of golf. One of the gentlemen I was paired with was a doctor whom I never met. After learning I was a wealth manager he shared with me that the money he put with Merrill Lynch 15 years ago (1997) is worth just about the same today. I told him that having spent nearly ten years with Merrill and

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We are being measured by a different yardstick today whether we like it or not. If you can’t show resilience, empathy, adaptability and pinpoint intuition you may fall into the same pit a lot of executives and part time leaders found themselves in when the hammer came down. Today’s human capital is required to be precise, risk takers with grounding and stability in their character expression. Rigidity and lack of concern for the company, employees

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Leadership Born or Learned Often times we have think that great leaders were taught to be that way.  Maybe they had great mentors received some specialized training or were able to attend some of the finest private schooling and post secondary education in the world.  Is this plausible? Sure, but is it likely that all great leaders had this advantage? I espouse the belief that great leaders are born with the necessary skills to great

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Most sales meetings are just awful. At least for the sellers. Weekly, monthly, quarterly—it doesn’t matter. Most of the attendees would rather be doing something, anything, else. The reason? There are lots of them, but mostly it’s about value, or a lack of it, for the attendees. Sales managers, company leaders and HR can easily get caught up in having a meetings just because. A mandate to meet. Cookie cutter agendas with little preparation and

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