October 6, 2020
ACM InvestEd – Gold: Attractive Investment or Shiny Distraction? – September 2020
The COVID-19 pandemic resulted in a government-forced shutdown of much of the economy, and subsequently, very large government stimulus packages from nations worldwide. This has amounted to trillions of dollars being pumped into the economy, including $6 trillion in the U.S. alone. Worse, this comes on the heels of massive government spending to help bail out the economy after the 2008 financial crisis, much of which is still sloshing around the global economy.
Many economists fear all this excess liquidity will result in rapid inflation in the years to come. Popular wisdom suggests that gold is a reliable hedge against inflation, and the price of gold has indeed risen recently. We’ve recently fielded a number of questions about gold investments. In our latest ACM VidCast, Mark Armbruster, CFA & Christopher Cebula, CPA, take a look at the merits of gold investments.
September 29, 2020
ACM InvestEd – When Proven Strategies Aren’t Working – A Lesson from Warren Buffett – September 2020
Here’s today’s dirty little secret that no one wants to talk about: Like Warren Buffett, your investment portfolio is likely underperforming the market this year. Worse, you are probably lagging behind school-aged day traders on Robinhood. Why is that?
September 1, 2020
ACM InvestEd – Investment Fundamentals & Fear of Missing Out – August 2020
What do Sir Isaac Newton and the Kodak (KODK) traders on the Robinhood platform have in common? Join us as we explore the power of investor emotions and the fear of missing out (FOMO) over the commonsense of investment fundamentals.
August 7, 2020
ACM InvestEd – Stock Splits Explained – August 2020
Apple reported their quarterly earnings last week, and as part of the announcement, they declared a 4-for-1 stock split to be effective August 31st of this year. What does this mean for investors?
July 31, 2020
ACM InvestEd – Dividends: Investing for Income or Outcome? – July 2020
In today’s ultra-low interest rate environment, it’s tempting for investors to take additional risk to generate the income they need from their portfolios. While that may seem like a rational response to today’s economic realities, there are too many pitfalls with this approach, and focusing on…
July 10, 2020
ACM InvestED – Party Like It’s 1999 (Stock Market Déjà Vu) – July 2020
’ve seen a lot of craziness. Just five stocks now account for over 20% of the entire market value of the S&P 500. There’s irrational trading in stocks of bankrupt companies. There’s a lot of highly speculative trading going on by uninformed investors. Interestingly, these are all hallmarks of the 1990s as well when…
June 29, 2020
ACM InvestED – Rethinking the 60/40 Portfolio – June 2020
The golden age of fixed income is over. That means we have to rethink portfolio management and risk control. The days when investors could rely on traditional bonds as safe, income-producing securities that hedge equity risk and deliver returns that keep pace with inflation are …
June 17, 2020
ACM InvestED – Portfolio Management & Trading – June 2020
Behind the scenes at ACM – We firmly believe that management and custody should always be separated as a safeguard for clients. Many of you may recall Bernie Madoff, who ran one of the biggest Ponzi schemes in investment history…
May 29, 2020
ACM InvestED – Value Investing – An Historic Opportunity – May 2020
We’re here today to discuss value investing and what could turn out to be a once in a lifetime opportunity for investors. Value investing is simply trying to buy stocks that are cheap relative to their intrinsic value. Tesla is clearly a growth stock with accelerating sales and growing market share…
May 14, 2020
ACM InvestED – Active vs Passive Investing – May 2020
The core promise underlying active management is that smart, hard-working investment managers with cutting-edge technology can outperform the overall stock market by actively buying and selling stocks or other investments. Although it seems intuitive that this approach would produce positive results, the evidence indicates…
May 14, 2020
ACM InvestED – Inflation : A possibility in the near future? – May 2020
We’ve been thinking lately about inflation. It hasn’t been a big factor in the economy in many years, but the topic seems relevant lately with all the government stimulus programs that have recently been announced…
April 28, 2020
ACM InvestED – Stock Market Drop & Investment Risk – April 2020
We just finished up the most volatile quarter ever for the stock market. The Dow Jones Industrial Average is currently down 24% from its high, but it is also 20% above its recent low, which I think…