When the price goes up….
When the price goes up, the yield goes down… that’s fixed-income-investing 101. It’s the first thing you learn when studying the bond market. For some, it takes time to figure out why, but at some point it just clicks and makes sense. Making sense of the equity and fixed-income markets these days takes a lot more work than that. The constant downward volatility is wreaking havoc oninvestors with large and small portfolios alike. The problem for some is that they don’t know how to hedge; they don’t know how to do anything other than to make investments that profit solely when markets rise. Understanding how to make money when markets […]
The future is bright…
As the summer winds down with the economy in tatters, it seems that people are asking how much longer can we deal with what seems like one crisis, natural or manmade, after the other? The answer is lots. Our resolve is strong and our future is bright. I know this because I have seen it first-hand. Recently, I began teaching a financial management course in the undergraduate program at Rutgers Business School. The class is full of smart, thoughtful, and interested students who seem to really care about learning. So far they want to work hard to get ahead and I think it is a sign of good things ahead. […]