There is an old saying on Wall Street that the market is driven by just two emotions: fear and greed. Often, investors get caught up in greed when the market is up and just as the market can become overwhelmed with greed, the same can happen with fear (“an unpleasant, often strong emotion, of anticipation or awareness of danger.” My …
Will You Retire in a Bull or Bear Market?
Where is the market when you retire, an often overlooked question when deciding the right time to retire. Wealthnest Planners Certified Financial Planner Michael McGinley reviews each market scenario and its positives and negatives on your retirement plan.
Unintentional Stock Concentrators
Do you unintentionally concentrate your portfolio on one stock? Most people don’t realize its’ even happening. I view a concentration issue as having more than 20% of your portfolio in 1 stock. My office is located in a heavy technology company area. These tech companies have all sorts of retirement and stock plans, including: ESPP, RSU, Stock Options, Profit Sharing, …