The Wealth Gap

The Stay Invested portfolio was DOWN today: $23.30 (-0.02%) Overall GAIN/LOSS YTD: +$5,725.07(+5.57%) Start: $102,717.24 Current: $108,442.31 Our benchmark index, the S&P 500 is UP Year-To-Date +12.31% http://money.cnn.com/data/markets/sandp/ (daily performance is updated after the close, early blog posts typically show the previous days performance) "I’m not a fan of MMT — not at all, We don’t need to get into danger zones, and we don’t know precisely where they are.” ― Warren Buffett, democrat Wealth Gap I read an article recently about the growing divide between the rich and everyone else. The author made the same argument that I've read in many of these articles, essentially that the ri

Recession Watch

The Stay Invested portfolio was DOWN today: $403.48 (-0.37%) Overall GAIN/LOSS YTD: +$5,754.275 (+5.60%) Start: $102,717.24 Current: $108,471.51 Our benchmark index, the S&P 500 is UP Year-To-Date +11.91% http://money.cnn.com/data/markets/sandp/ (daily performance is updated after the close, early blog posts typically show the previous days performance) "Wall Street is the only place where people show up in a Rolls-Royce to get advice from someone who took the sub-way.” ― Warren Buffett Recession Watch? I saw on CNBC News where Credit Suisse Global CIO Michael Strobaek said, "a recession is coming — but it won’t be ‘right here, right now’". Ummm, wow that's powerful. I guess an earthquake

What's Fair ?

The Stay Invested portfolio was UP today: $165.29 (-0.15%) Overall GAIN/LOSS YTD: +$6,311.55 (+6.14%) Start: $102,717.24 Current: $109,028.79 Our benchmark index, the S&P 500 is UP Year-To-Date +11.84% http://money.cnn.com/data/markets/sandp/ (daily performance is updated after the close, early blog posts typically show the previous days performance) "The stock market is filled with individuals who know the price of everything, but the value of nothing.” ― Phillip Fisher What's Fair Value? I was asked again if I think the stock market is expensive, I'm always stumped by this question because I have to ask, "compared to what"? This time I'm going to try and step into the shoes of the person

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This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.
This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.

© 2016 by Clay Baker all rights reserved