The stock markets hit all-time highs on a seemingly daily basis. Investors are puffing out their chests proclaiming they’re not only buying and holding but adding to their equity positions by buying the dips. It’s easy to buy and hold in an up market. The question is . . . how many investors will stick [...]
Things are going so well with the matching gift challenge that Tabby's Place has decided to extend the program. Now through September 15th Apollo Wealth Management will match dollar for dollar 100% of donations to The Linda Fund. Please read Tabby's most recent newsletter to learn about some of the cats who have benefited from [...]
About to pack up and head off to college? Here are some sobering statistics: more than 70% of college students borrow for college the average undergraduate leaves college with $37,000 in loans These figures don’t include the bank of mom and dad – “loans” [...]
Individuals and businesses impacted by Hurricane Harvey have been granted tax relief by the IRS. The following counties are eligible: Aransas Bee Brazoria Calhoun Chambers Fort Bend Galveston Goliad Harris Jackson Kleberg Liberty Matagorda Nueces Refugio San Patricio Victoria Wharton EXTENSIONS: Individuals and businesses with valid extensions (due to expire 10/16/17 and 9/15/17 respectively) will [...]
Apollo Wealth Management, Ltd. is proud to be the exclusive matching gift partner for Spay-Neuter-Now, Ltd. In conjunction with their summer newsletter (which may be found here and here) we have pledged to match every dollar that’s donated. Simply note “newsletter” on your tax-deductible donation for it to count. There are many ways to donate to [...]
As summer wanes and we power towards Labor Day we’re left with a couple of realities: the days are hot the news cycle is slow Hot days find us seeking A/C and a cool drink. Slow news cycles make us overreact as the insignificant suddenly seems anything but. Lately we’ve been bombarded with the usual. [...]
Poor Millennials. Always getting picked on. A recent global survey by British asset management company Schroders found that most investors have rather unrealistic expectations. U.S. investors have the most inflated expectations of anyone in the world. Millennials (defined as ages 18-35) are the worst offenders. How do Americans stack up? The average European investor expects [...]
Although investors claim to accept market fluctuation as normal we find precipitous selloffs overwhelming. Why? . . . because they happen rapidly and randomly. Lost in the sea of emotion is that equity market annual returns have been mostly positive despite significant market declines in each year. Since 1980 the average intra-year pullback in the [...]
Semantics? No! Bull markets end when the smart money (i.e. buying based upon fundamentals) changes its perception of earnings growth. Markets “crash” when the dumb money (i.e. buying based upon recent performance) will no longer chase prices higher than already inflated levels. Where has the smart money been? It’s followed businesses benefiting from increasing earnings, [...]
Back in 2015 we introduced you to myRA. Well, OK, Treasury under the Obama Administration introduced myRA but we sat down with "her" for this exclusive, in-depth interview. Well, myRA is no more. The program intended for people who did not have access to workplace savings plans is being discontinued. The program has been far [...]