Sargent Bickham Lagudis’ October 2013 newsletter is now available for your reading pleasure.
Inside you will find out how to make a qualified charitable distribution before time runs out, an update on the markets from Brad, and the latest SBL news from after the Boulder flood.
The U.S. Congress is an embarrassment. The latest fiasco is only one of a long line of stupid actions on their part. We have learned to expect the worst, and then it’s even worse than expected. There has never been a Congress in the history of the United States that is so universally loathed.READ MORE
What is turnover and how is it calculated, and does it matter? And a related question, why does Sargent Bickham Lagudis sometimes sell a stock after only a short term, while other times holding a stock for years? When Warren Buffet was asked how long he thinks one should hold a stock, he famously replied that his favorite holding period is “forever.” READ MORE
If you have tuned into CNBC or read virtually any newspaper recently, you have very likely heard much talk about the Federal Reserve’s impending “tapering” of Quantitative Easing (QE). If you checked your portfolio in late June, you likely saw firsthand the markets’ negative reactions to the possibility of tapering. Seemingly every time Fed Chairman Ben Bernanke opens his mouth, he either inspires fear in the market, sending it spiraling down, or he injects renewed euphoria, sending it soaring to new highs.READ MORE