In March 2009 the S&P 500 reached its lowest point since the turn of the 21st century. Nearly five years and 177% later many investors find themselves looking on from the sidelines with substantial cash positions. The S&P 500 continues to make new highs, leaving many stock valuations stretched to the upside. The low hanging investment fruit have already been picked over making it much more difficult to find bargain investment opportunities. Now more than ever in order to succeed investors need to employ an investment roadmap that adapts to the ever changing financial market landscape… click here to continue reading
Click the link to download TSAA SF 2014 Slides
**Note large file may take a minute to download**
Stock Market Declines of 5% to 10% are a normal fact of life for investors. Over the past eight decades, the S&P 500 has averaged over 3 declines of 5% or more every year and at least one decline of 10% or greater. Click Here to continue reading our latest intermediate market outlook.
The latest upleg in the 2009-2011 bull market began last November and has extended into the new year. By now the advance is getting pretty long in the tooth. Insiders, who are usually correct as a group, but sometimes early, have been selling in droves, and huge amounts of cash has been flowing into equity mutual funds. Many sentiment indicators have also reached the kind of extreme often seen prior to a steep decline. Click Here to Read the Full Article on MarketWatch
Thank you to the attendees of the $ums in Retirement Breakfast Presentation on Wednesday January, 23rd. Many of you requested a copy of the slideshow. Please click the orange link below to download. (Note it is a large file and might take a few moments to fully download).
Our guest speakers Martin Pring, Joe Turner and Tom Kopas return this year to deliver an update to Pring Turner Capital Group’s secular outlook for stocks, bonds, and commodities. The last two year’s popular presentation “Are You Prepared for Another Lost Decade” detailed the reasons investors should indeed stand prepared for challenging markets. Packed with fresh new material based on their unique, internationally recognized business cycle research this program leaves plenty of time for answers to topical questions, including: Update to the Secular Bear Market Outlook, Where are we in the Current Business Cycle and What Has Changed? What’s Ahead for the Economy and the Financial Markets?
Pring Turner 2013 TSAASF Presentation *Note Large File* May take awhile to download