Every year the predictive powers of Wall Street are put on display for all to see. What follows is a wild mix of forecasts for the next year. Some are outlandish, others obvious, but another main theme plays out. Skepticism at the thought itself.
Should we be surprised? Not really. Much like baseball, batting .300 is a good year for forecasters. Far too often the focus turns to the one or two home runs they hit every year while ignoring all the strikeouts.
For me, it’s a way to test my understanding of what’s going on and have some fun in the process. That last part can’t be overstated enough. This exercise is meant to be fun first. Honestly, I just hope to do better than last year.
Call it what you will. Predictions. Best guesses, some more educated than others. It’s what I think will happen based on what I know now. Of course, rarely do things go as planned. There are always a few surprises. I don’t expect 2014 to disappoint either. With that, here’s my take on the next twelve months. Continue Reading…
Every year the market never fails to surprise us with big winners and losers. The S&P 500’s 22% rise was one winner, but it wasn’t the best and far from the worst. This is the third year for the best and worst market awards with the focus on finding this years best and worst performing investments across several categories.
Taxes are an unfortunate side effect of successful investing, but there are ways to avoid it. You can build a tax efficient investing strategy to help lower those taxes over time. More importantly, it will leave more money in your pocket to reinvest, compound, and grow.