Tuning Out the Noise

What do the following headlines have in common?

  • “Credit Suisse: Investors are worrying too much and are going to miss out on big market upside ahead.”

  • “Ron Paul calls for market meltdown, warns that stocks are 'destined to go down' as much as 50 percent.”

  • “Guggenheim investment chief sees stocks rising 20% more before a recession-fueled sell-off.”

  • “Market correction of 30-40% could be coming soon, investment guru Mark Mobius warns.”

  • ‘'’Sell in May and go away' doesn't apply this year, market bull Tony Dwyer says.”

If you guessed they were stories published in the last couple of years on a major business news website, you would be wrong. They were actually stories published THIS WEEK on a major business news website!

The Information Age has led to a constant bombardment of data that is presented as impactful to our financial well-being. These headlines can evoke strong emotional responses from even the most experienced investors, but how can we avoid being overwhelmed by the relentless stream of news about markets?

Financial Success For New Grads

If you need a reminder for how fast time flies, consider that high schoolers graduating this year were born in the year 2000! This hits particularly close to home for me, as my oldest is headed off to Texas A&M University next fall (Whoop!). I will soon share with him my piece from last year, Personal Finance 101 for College Freshmen.

This year’s college graduates are the last of the Millennials (those born between 1980-1995), a generation known for their social responsibility and the value they place on life experiences over material wealth, and also for being more risk averse than their parents.[i] Who can blame them though, given all they have lived through?