It’s that time of year. Everyone has some stinkers in their portfolio and in a taxable account it’s a great time to evaluate whether one should offset that loss by taking some gains on your winners. If you followed any of Jim Cramer’s advice this past year you have some serious evaluating to do! The aim of this article is not a hit piece of Mr. Cramer but simply a word of caution and a reminder that (1) stock picking is often a futile endeavor and (2) If you are indeed going to follow someone’s picks it’s important to track them prior to blindly buying the next set of recommendations.
How time flies! Our first letter to you was on March 20, 2013. This marks our 100th article. Over the last two years we have covered a variety of topics and events that our clients and readers have been confronted with. Over 15,000 individuals have visited the website and our top rated articles have been viewed over 12,500 times!
As we look through the library of topics we have assembled, there are several articles that stand out for various reasons. It’s challenging to pick favorites so we’ve decided to share the most popular “letters” we’ve written: Click here to read more…
Have you ever heard of a guy named Jim Cramer? If you’re a seasoned investor you certainly know of the television personality, best-selling author, and host of CNBC’s Mad Money show. If you’re a novice investor you may have heard of him as well due to his popularity but we would caution you to stay away. Why?
This article is not a hit piece on Jim Cramer. He is a wildly successful entertainer who adds color and talking points on the stock market but make no mistake about it…he is not your financial advisor. As a matter of fact he advises nobody professionally but by virtue of his massive media platform he commands a lot of attention, which gets construed as diligent financial advice or valid recommendations. Continue reading →