Archives
Catch the International Flight
First, the good news. The stock market crash of 2008 lasted through March 9, 2009, but things improved rapidly after that. From March through July of last year, Standard & Poor’s 500 stock index gained 35.62%, enjoying its best five-month... (Continue reading)
Poll of the Week
Written on 9 Mar, 2010 at 18:34 in News | viewed 86 times | 0 Comments
One year ago this week, the Standard & Poor’s 500 hit a 12-year low of 672.88 as it reached its lowest point during the most recent economic recession. Since that time, the S&P 500 is up 69%. The Dow Jones... (Continue reading)
Happy Anniversary, Investors!
Written on 9 Mar, 2010 at 18:01 in Business News, Investing, News, Personal Finance | viewed 143 times | 0 Comments
Financial experts weigh in on why the S&P 500 market has bounced back so powerfully, whether the rally can continue, and how investors should proceed in the coming year.... (Continue reading)
Long-Term Investing to Create the Future You Deserve
Written on 1 Mar, 2010 at 13:01 in Blogs, Executive Memo, Investing, Magazine | viewed 247 times | 1 Comment
In today’s unpredictable environment, far too many of us operate in survival mode, suffering from myopia when it comes to planning for our financial future. Sadly, I’ve found an overwhelming number of African Americans have made fear-fueled, short-term investment decisions... (Continue reading)
Uncoventional Wisdom
Written on 1 Jan, 2010 at 16:34 in Magazine | viewed 244 times | 0 Comments
How good a stock picker is Quintano Downes? The 13-year Wall Street veteran equities trader did such a stellar job for clients in his three years running Haven Financial Services’ equity and fixed income trading desk, that he was able... (Continue reading)
Where To Invest In 2010
Written on 1 Jan, 2010 at 14:00 in BE Next, Investing, Magazine, Magazine Features, Personal Finance | viewed 1,024 times | 1 Comment
Tea leaves, tarot cards, roots, potions, and Mattel’s Magic 8 Ball. If any of these things actually worked to predict the future, what questions might you pose—as an investor, that is? Here’s one: Can the financial markets continue their amazing—sometimes... (Continue reading)
One Year After the Fall of Lehman
On Sept. 15, 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection. It was also one year ago today that changed Wall Street, my street, and your street. Lehman’s shares cratered, falling 90%, and the broader market tumbled... (Continue reading)
Looking to Jump Back Into Stocks? Now May Be the Right Time
Lately, I’ve been feeling left out of the party. (And, no, it’s not because my bosses are busy whooping-it-up this week in Orlando at the Black Enterprise Golf & Tennis Challenge.) It has everything to do with not taking full... (Continue reading)
The Globetrotter
Written on 1 Jul, 2009 at 1:00 in Magazine | viewed 610 times | 0 Comments
Kenneth Holley cringed last winter every time he heard someone on the television news compare the current U.S. recession to the Great Depression of the 1930s. “They went too far,” says Holley. “Unemployment was 25% during the Depression, and there... (Continue reading)
I’m No Fortuneteller
Written on 1 Jul, 2009 at 1:00 in Magazine | viewed 669 times | 0 Comments
One of the odd things about being a financial specialist is that I have a lot more conviction in my long-term expectations than in my short-term ones. People have a hard time understanding this, because it runs counter to the... (Continue reading)
