Good Evening Folks
I am out TDY on the road so updates may be sporadic this week, however unfortunately the markets are re-displaying volatility and some cracks are appearing. Today the markets rallied strong, then closed down, on above average volume. This in my opinion is attributable to crude oil going even lower (now $44) and continued issues on the international front. Recall that we have Greek Parliament elections on Jan 25.
In addition, a recent article has appeared on Fox Business, authored by Dallas wealth advisor Ed Butowsky. This article is somewhat in the “where have you heard this before” category, please take a look. Mr. Butowsky is a well-reputed advisor and frequently appears on Fox Business and other financial outlets discussing his views of the markets. In summary, if you are hypnotized by the “gains only” you are being myopic on your overall account health and investing. Where have you heard “protect your balance” or “minimize negative hits” ? How about “gains are not the only thing” etc ?
Thank you Ed, for a great article. You put it so well, in a way I was unable to do so myself.
With that, I remain 100% S-Fund but will be closely monitoring things for a possible G-Fund move.
Thanks guys !
– Bill P
