Monthly Archives October 2016

Client Letter Market Watch Oct 2016

October 14, 2016   Dear Valued Investor:   Elections elicit strong emotions. High disapproval ratings for both candidates, as well as Donald Trump’s unconventional candidacy, have taken these emotions to another level this cycle. Politics is one of many emotional biases that can work against investors trying to achieve their long-term financial goals. Candidates in office may influence how investors feel about the economy and markets and can get them off track. Separating political views from investment decisions is difficult, and while presidents can set an overall tone for the economy and markets, over the long term the underlying fundamentals
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Taking Stock of Technicals Weekly Economic Update

Please see this week’s Economic data below: In the future, I will have this embedded as a PDF but my technical abilities aren’t quite there yet. Taking Stock of Technicals Bob’s Beige Book ­Timothy T Picciott CFP® CRPC ® Presents:   WEEKLY ECONOMIC UPDATE     WEEKLY QUOTE   “Young is the one that plunges into the future and never looks back.”       – Milan Kundera            WEEKLY TIP   If you are trying to rebuild or ramp up your retirement savings in your forties or fifties, avoid grasping at straws. Extremely speculative, high-risk investments are often hard to understand
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Where Money Comes From

When we hear people talk about what a great job Obama has been for the economy it is usually because of the following factors:  He averted the Great Depression, Americans are working again, deficits have gone down, inflation is low, the GDP (Gross Domestic Product) is the highest in the history of the world, and he saved the auto industry etc.   This is part 4 of my series on government distortions of economic realities and this may be the most crucial to understand. The most important step in trying to “Make America Great Again” is to first identify the
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How GDP Distorts the True Health of the Economy

When we hear people talk about what a great job Obama has been for the economy it is usually because of the following factors:  He averted the Great Depression, Americans are working again, deficits have gone down, inflation is low, the GDP (Gross Domestic Product) is the highest in the history of the world, and he saved the auto industry etc.   For part 3 of my series on “How it’s Rigged” , I’m going to tackle the Gross Domestic Product or GDP.   The first issue I want to address is the fact that when the GDP increases, it
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How the Government Lies About Inflation

    When we hear people talk about what a great job Obama has been for the economy, it is usually because of the following factors:  He averted the Great Depression, Americans are working again, deficits have gone down, inflation is low, the GDP (Gross Domestic Product) is the highest in the history of the world, and he saved the auto industry etc.   For part number two of this series of “How It’s Rigged”, I’m going to address the inflation rate and how the government hides the true inflation rate.     The above chart depicts inflation as measured
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How the Government Distorts the Unemployment Rate

Like most things in government, there is always more than meets the eye when it comes to government statistics. When we hear people talk about how great Obama has been for the economy, it is usually because of the following but not limited reasons: He helped avert the Great Depression   He brought the unemployment rate down.   He cut the deficit in half   Inflation is low   The GDP (Gross Domestic Product) is the highest in the history of the world, and he saved the auto industry, banking industry, etc.   He reigned in Wall St    
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IRA vs ROTH IRA Explained and Power of Investing Early

IRA VS ROTH IRA                Are you new to investing and feel lost in the myriad of choices and complexity?     If that describes you, please watch the video below, and you should have a much better understanding of the two most common retirement accounts along with their pro’s and cons.      Let compounding be your friend and if you don’t believe me here’s a great Einstein quote. “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Albert Einstein Talk with a FocalPoint advisor today about starting
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