[Chart courtesy of MarketWatch.com] Sure, the much feared slide down the fiscal cliff was avoided at the last minute, but the euphoric relief rally in the markets will likely be temporary in nature. Last time the S&P 500 gained some 60 points in 2 trading days, over 70% of it was given back within the next week. Upon closer inspection …
7 ETF Model Portfolios You Can Use – Updated through 12/31/2012
A roller coaster ride best describes the market activity of the past week, during which the S&P 500 gave back 4 points as the fiscal cliff ‘on-and-off’ negotiations pushed the benchmark index all over the chart. In the end, it was a year during which equities came out ahead while balanced portfolios lagged behind. Our best model ETF portfolio performer …
Postponing The Inevitable
As I pointed out yesterday, the hard decisions in regards to the fiscal cliff negotiations have not been made and who knows, how and if they ever will be addressed once we step into 2013. For some food for thought on this topic, Mark Grant, author of Out of the Box, had some worthwhile comments in “Postponed:” “Postponed” is the official stamp …