“There will be time enough for countin’ when the dealin’s done”

“There will be time enough for countin’ when the dealin’s done”1 Many people view the stock market as more gambling than investing, which is easy to understand as the market seems to constantly have unpredictable gyrations both up and down. If you want to gamble on the stock market, you certainly can, and many people […]
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A Cross to Bear | October 15, 2022

A Cross to Bear Investors have navigated a difficult market all year and the third quarter was no exception. All major indices ended the quarter in bear market territory with the S&P 500, Dow and Nasdaq declining 5.3%, 6.7%, and 4.1%, respectively, from July to September. With the dollar strengthening and the global economy slowing, […]
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Commitment | May 22, 2021

Commitment In a bacon and egg sandwich, the difference between the chicken and the pig is that the chicken was involved, but the pig was committed. Successful long-term investing requires commitment, not involvement. Market corrections, both minor and serious, occur with regularity. Following time-tested investment principles allows reason to rule over emotion. During difficult weeks […]
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Staying Focused on the Long-Term | April 24, 2021

Staying Focused on the Long-Term The past few weeks have seen one blockbuster economic report after another. From the 916,000 jobs that were added in March, to retail sales jumping 9.8% month-over-month, these are some of the best economic numbers we could see in a lifetime. At the same time, much of this was anticipated due […]
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Phil Palumbo’s Tips For Long-Term Investors When Setting Goals

TD Ameritrade Interview Watch as Phil Palumbo weighs in on the types of returns investors need for a long-term portfolio, as well as defining their risk exposure.   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and its representatives are properly licensed […]
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