It’s not easy to get rich…
“It’s not easy to get rich at Las Vegas or Church Hill Downs or at the local Merrill Lynch office.”
— Dr. Paul Samuelson (the first American to win the Nobel Prize in Economics)
Physicist Leads Flash Crash Investigation
NorthStar Capital Advisors was founded by a group of astrophysicists. So it warms our hearts to see another trained physicist successfully applying his analytical skills to bring stability and insight to the financial markets.
Ex-Physicist Leads Flash Crash Inquiry
The New York Times
The Great Recession: December 2007 ~ June 2009
The Great Recession is official in the record books. The 18-month recession began in December 2007 and ended in June 2009. This was the longest slump since the Great Depression according to National Bureau of Economic Research’s Business Cycle Dating Committee, a group of academic economists that determines these benchmarks.
Great Recession
Another view of the magnitude of the Great Recession
The Great Recession – Dec 2007 ~ Jun 2009
The Great Recession is official in the record books. The 18-month recession began in December 2007 and ended in June 2009. This was the longest slump since the Great Depression according to National Bureau of Economic Research’s Business Cycle Dating Committee, a group of academic economists that determines these benchmarks.
Equity-Indexed Annuities? Roll your own…
Considering equity-indexed annuities? Roll your own to get similar advantages and skip the downsides. Instead of a $10,000 annuity, you could put $7,260 into a 3.25% 10-year certificate of deposit from Discover Bank and $2,740 into Vanguard Total Stock Market.
California Raiding the 401(k)?
Talk about raiding your 401(k)! This doesn’t sound like a good idea. (Calpers is the California Public Employee’s Retirement Systems, the nation’s largest pension fund)
Schwarzenegger in Talks to Borrow From Calpershttp://online.wsj.comCalifornia finance officials are looking into whether the strapped state can borrow $2 billion from the California Public Employees’ Retirement System, the nation’s largest pension fund.
Watching Paint Dry…
“Investing should be more like watching paint dry or grass grow. If you want excitement take $800 and go to Las Vegas.”
— Dr. Paul Samuelson (the first American to win the Nobel Prize in Economics)
Hiring Expert Advice
Why are people reluctant to hire financial advisors? They often think investment managers are for the wealthy, not for the middle class, and many people don’t know where to find an advisor they can trust.
Brokers Masquerading as Fiduciaries
What happens when you have advisers bound by fiduciary oaths working at firms that only commit to providing “suitable” services to their clients? Answer: ambiguity.
Investors Misled By Brokers Masquerading As Fiduciarieshttp://www.forbes.com
CFA credential implies a standard of care not always upheld.
12
Recent Posts
-
-
What's next for markets and the economy? April 1,2025 -
-
AI bubble burst? What's next February 1,2025 -
Supporting You Through the LA Wildfires January 10,2025