A Word With Elliot
Happy Hanukkah From Prosperity Financial Group
I know that Hanukkah is a fairly minor holiday. It's not Passover, Rosh Hashanah, or Yom Kippur. It is, however, a holiday filled with great kitchen smells, yummy food, lots of family around, and a present or two (not under any tree). I fondly remember the smells of...
End-of-Year Investment Planning
There are two important items in your portfolios that are worth noting as the year ends. For some, it’s worth making those certain changes as well. Firstly, this has been a very negative year for most equity investors. The only two positive sectors were Energy and...
Does Contrarian Investing Actually Work?
The Beginnings of Contrarian Investing When I first learned about the world of investments and investing, I studied the most famous family in investing internationally, The Rothschild Family and Empire. They unquestionably are the first family of investing, having...
The Election is Finally Over: We Have Divided Government
I understand that no one is 100% happy with the results of this or any election. For those folks who wanted the House, Senate, and Presidency to remain all Blue, you are disappointed. For those that desired the House, Senate, and Presidency to turn all Red and pass...
Happy Veteran’s Day From Prosperity Financial Group
On a very personal level, I cannot thank our veterans enough for their brave and selfless sacrifice to keep America safe and ensure that we have the freedoms that we do. We get to vote in a new government every two years. We have the right to voice our opinions...
Charitable Giving for Thanksgiving
First of all, let me wish you and your family a terrific Thanksgiving. It truly is a season for giving, thanks for all our abundance, and enjoying family and friends. From a financial perspective, this is the time of the year that we all think about contributing to...
Surviving The Ups, Downs, and More Downs in Today’s Investment Climate
Every investor is being tested today. The news coming daily from Washington and Wall Street is predominately negative. The top articles in the New York Times and Wall Street Journal are primarily negative. The Federal Reserve Chairman has nothing positive to say as...
The October Effect: Volatility, Inflation, and Our Game Plan
2022 has been an awful year for investment returns. It may turn out to be the best year for repositioning portfolios for future growth and income, but every day is painful. Not to throw a wet blanket on a rainstorm, but October has traditionally been the most volatile...
October is National Financial Planning Month
Your Team at Prosperity Financial Group has been doing personalized Financial Planning for more than twenty years. Let’s meet and get started if you don't even have an informal plan. If your current Advisor would prefer to sell you something rather than spend the...
Waiting for Equities to Pop
The long road back to profitability... Tuesday, September 13th, was one of the worst days in history in the stock market. The DOW dropped by more than 1300 points, following about eight straight days of gains, which made it appear that we were beginning the long road...
Optimistic in a Sea of Investment Frustration
The dog days of August have come to an end and I can’t be happier for our investors. July showed us the bright spots of the current markets with a nice rally. Except for the Energy and Commodities Sectors, which we have in our portfolios, most other Equity Investments...