Don Cassidy
Don Cassidy
capital due funds gains money people taxes
People will feel they did not make a lot of money (this year), and yet they may well see some significant capital gains taxes due on their funds holdings.
investors less sign
The smaller, the better was the watchword in the first quarter. It's a sign that investors are less risk-averse than they have been in a long time.
confidence domestic economy estate expect fact flowing funds gold good interest market money people rates rather recent stock success vote
The success of gold and real estate funds indicates people expect inflation, which is probably not good for the economy and the market because interest rates will rise. And the fact that three-quarters of recent new money has been flowing into world funds, rather than domestic funds, is not a vote of confidence for the U.S. stock market.
agonize among choosing decision mutual winning year
If you're saying, 'I think this year China, or Japan, is the winning place,' well, you have to agonize over that decision more if you're choosing among mutual funds.
aided attention began economy gradual improvement investors japanese pay
In 2005, investors began to pay attention to gradual improvement in the Japanese economy aided by some long overdue government-driven reforms.
beat begin developing gets growth large lead market next people rotation tech tired whatever
If the market is going to go up next year, it's going to take some rotation of leadership. You can't have the same thing lead forever, people get tired of doing it and whatever it is, it gets overpriced. We see a rotation into tech names, just because it's been a laggard. The other things we see developing is that large will probably outrun small, and we think growth will begin to beat value.
care favorite figure gets good money news nobody perfect start team watching winning
Do what you have to do to figure it out. You're never going to be perfect at this, but nobody is going to care about your money as much as you. The good news is, once you start winning the battle, it gets to be fun. It's like watching your favorite team win.
care comfort current except life nobody older realize stages
It's very important to realize that while current gratification and comfort are a lot of fun, nobody is going to take care of you in your older stages of life except you. You've got to be your own angel.
allow believe easier funds guess investment month mutual pay problem security social whether
They always say pay yourself first, whether in mutual funds or in the bank, because if you pay yourself last, guess what? At the end of the month there's nothing left. Find some kind of investment you can live with so you can allow yourself to do it. Whether you believe Social Security will be there for you or not, it's still not going to be enough. And more is a much easier problem to have.
area best call information informed likely tough
It's a tough area to get information on. Even if you call your broker, it's not likely the thing they're best informed on.
based culture driven insurance performance problem sales scheme
It's the same problem in the insurance business. It's driven by a sales culture where you get compensated for volume, so you don't get a compensation scheme based on performance excellence.
company fairly raises
It shouldn't be a surprise. A company that consistently raises its distribution is a company that's doing fairly well.
green opinion shocked
It's my opinion he will get a green card. I'd be very shocked if he didn't.
anywhere caution
There wasn't really anywhere to go this quarter. And there's still a lot of caution out there.