Last year, I wrote an article outlining the biggest mistake I believe investors can make. I argued that investors who lack patience, discipline and the inability to stay the course are effectively challenging their own choices and trying to time ...
Read More »Money Management: How to judge investment management
I believe the only way to judge the investment management of your assets is through analyzing your total returns: (1) adjusted for risk; and (2) net of all fees and expenses. Additionally, in this assessment, your returns should be evaluated ...
Tagged with: Money Management
Read More »Money Management: Implications of low to negative interest rates
Interest rates around the world have declined to some of the lowest levels in my lifetime of 70-plus years. The 30-year U.S. Treasury was at its lowest yield ever in August[1] since being first issued in the mid-1980s. The long-term ...
Tagged with: Money Management
Read More »Money Management: Honest measurement as to how your monies are managed
In the last 35-plus years we have experienced a great “bull” market in both stocks and bonds. The stock market as measured by The Dow Jones Industrial Average has gone from 1000 in 1982 to over 25,000 today. Interest rates ...
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Read More »Money Management: Investment reality check necessary for success
How has your investment portfolio performed net of fees and expenses? Are you comparing performance against other similarly invested portfolios or against all others? At the top of this second longest bull market which ended in September, were you over ...
Read More »Money Management: Market forecasts
The huge decline in interest rates and the drop in stock prices has led me to the following forecasts. One of the first things that I think needs to be noted is that the peak in free market interest rates ...
Tagged with: George Karpus Money Management
Read More »Money Management: Interest rate alert
The long term downtrend in interest rates that began 37 years ago is over from a technical standpoint as measured by the 30-year maturity U.S. Treasury. On Oct. 3, the 30-year U.S. Treasury yield broke the downtrend that started with ...
Tagged with: George Karpus Money Management
Read More »Money Management: Interest rates and future bond returns
The Federal Reserve has been increasing short-term interest rates (i.e., the Fed Funds Rate) for about two years, raising the target rate from 0.25% to 2.00% today. In comparison, longer-term interest rates are controlled by supply and demand in the ...
Tagged with: George Karpus Money Management
Read More »Money Management: Biggest mistake investors make
Over the last 49 years, I have met with thousands of individual investors and have been a student of the markets and investor behavior. Why are some investors successful, and why do others fail? Dalbar, an independent research firm, studied ...
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Read More »Money Management: Thoughts on 2018’s bond market
Over 80% of forecasts for 2017 were for interest rates to rise. Most were recommending shorter maturities. Our work, based on historical data, suggested that 2017 would be a good year for bonds (and perhaps a great year). Our analysis ...
Tagged with: George W. Karpus Money Management
Read More »Money Management: 2018 taxes and the markets
The 2016 election of Donald Trump awakened capitalism in the United States with hopes of less regulation and lower taxes for corporations. President Trump’s mandate that every new regulation must eliminate two regulations is a simple yet effective way to ...
Tagged with: George W. Karpus Money Management
Read More »Money Management: Tax changes, the economy and the market
In full disclosure, I am independent with respect to my political party. In my opinion, the posturing of the two main political parties is extremely partisan and is a disservice to the majority of Americans by hindering the process of ...
Tagged with: George Karpus Money Management
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