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Look Out Below!!Did that get your attention?  Sorry, we just couldn’t help ourselves.  The clever title is supposed to scare you into thinking we were talking about the market going down.  If you read or listen to just about any news source, you have undoubtedly heard some expert warn about stocks going down.  They have been doing this for several years.  After all, we are in our ninth year of a bull market.  It makes sense that we should get a meaningful down...
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Old, Bloated, Slow and ScaryNo, we’re not talking about some of your in-laws.  Rather, we are discussing the US economy and its stock markets.  Let’s take them one at a time.OldThe current bull market started in March of 2009.  After the worst bear market in most people’s lifetimes, the bull started its upturn and hasn’t stopped since.  The older this bull market gets, the closer it moves to its eventual top, right?  Well, all things must end, but...
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Prognostication2016 may go down in history as the poster child for the axiom that it is impossible to magically predict how the stock market will perform.  Of course, that makes much of the print you read, or gurus you watch or listen to, meaningless.  But don’t take our word for it.  At a presentation at the University of California on April 15, 2003, Steve Forbes, publisher of Forbes Magazine said:             “You make more money s...
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The Employee Retirement Income Security Act, commonly referred to as ERISA, sets standards of conduct for those who manage an employee benefit plan and its assets. Such a person or entity performing many of the duties required in operating and managing a plan is known as a fiduciary.
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Recognizing that privately owned businesses are the backbone of our economy, DHG offers assurance, tax and advisory services designed for every stage of a company’s lifecycle. Our professionals have extensive experience working with clients in various industries to build, manage and protect their wealth.
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Trumping the MarketHow will the market react if Donald Trump wins the election?  That is the most popular question our advisors have been hearing over the past few months, especially as more states appear as “toss-ups” and their Electoral College votes going in either candidates’ direction.  Some investors think the market would tank were Trump to be elected.  Some think the opposite.  Most have no idea what will happen.  All are concerned.  &...
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It’s Been Two Years and I’m Still Not Rich(er)!?Perhaps you’ve noticed that your portfolio’s value hasn’t been doing anything special for several quarters.  And if you are paying attention to the Dow or S&P 500, you may be wondering why your portfolio hasn’t kept up.  To get some idea of what is happening, review Chart 1 below, which shows some cumulative asset class returns over the last two years.  (All charts courtesy of Yahoo! Finance.)C...
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And Lady Liberty Wept...Politics has always been a rough and tumble business. This year’s Presidential Primary season has proved no exception, and has been both hostile and humorous at the same time.    Certain candidates’ policy platforms include various proposals which would exclude certain groups of foreigners.    Without taking sides in this issue, it seems as though a meaningful percentage of voters agree with at least some of these proposals. ...
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Cheap and PopularFirst Lady Kim Kardashian West. It has a nice ring to it, don’t you think?  A few months ago, Kim’s husband Kanye West -- a rapper, record producer and clothing designer, announced that he would be running for U.S. President in 2020.  Before you snicker, don’t forget about a current poll-leading, ultra-wealthy Republican candidate with huge ego and no political experience. Back to Kim. Her popularity was immense even before her third marriage and two children, before her $200...
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Chicken Little or Zeus?Last month the market fell out of the sky. It caused quite a stir. Or not. It all depended on who was watching, and from what vantage point.Chicken Little freaked out.   She scurried about in the dirt, with clouds of dust swirling around her. She could barely make out Jim Cramer’s image on CNBC’s beloved Mad Money. All the noisy bells and buzzers and rifle shots and shrieking crowds didn’t allow her to really hear much of what he was saying. But she knew it must be bad....
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