September 6, 2012 |
We all do it: We don't sell a stock when we should, even after the share price has hit our hoped-for target, or it has lost value and stayed low. We fall in love with our portfolio holdings. Professionals offer tips on how to sell as a discipline. We checked in with the folks running Logan Capital Management's Concentrated Value portfolio day to day. Marvin Kline and Rich Buchwald, managing directors at the $2 billion Ardmore money-management firm, are Penn alums (one undergrad, one grad school)
December 5, 2013 |
Hard to believe, but as of Wednesday, there are fewer than 20 trading days left in the year. So, if you want to take profits in your stock portfolio, now would be the time. Almost all major asset classes except commodities have posted gains this year: The S&P 500 equity gauge has rallied 26 percent, on pace for its biggest annual gain since 2003, and reached an all-time high on Nov. 27. The 2014 market is unlikely to match 2013's stellar gains. "Equities may post further gains in the year ahead, despite the strong runup this year and the abiding potential for some pullback," notes Sage Financial Group, of West Conshohocken, in its latest note to investors.
November 21, 2013 |
You don't have to be a professional to invest smartly - get informed and educate yourself. That's exactly what Rita Miller did when she joined the Philadelphia-area chapter of Better Investing, a national nonprofit club. Better Investing chapters help retail investors study portfolios and host events to learn about picking stocks. Miller and her club members meet monthly to go over their portfolio of 11 stocks, which currently include CH Robinson Worldwide (Symbol: CHRW); automotive suppler LKQ Corp.
February 14, 2014 |
What is the main difference between a mutual fund and a hedge fund? These days, the goodies inside the portfolios are strikingly similar. The only difference might be the wrapping paper. For instance, which is riskier? A hedge fund holding hundreds of diversified stocks, or a mutual fund such as the popular Fairholme Fund (symbol: FAIRX), which has about 40 percent in one stock - the recovering insurer AIG? An investor's aptitude for risk should be the result of analysis. To navigate the increasingly blurred lines between mutual funds and hedge funds, we checked in with Brian Portnoy, whom I first interviewed a decade ago when he was a mutual fund analyst for the Morningstar Inc. database.
September 16, 2012 |
To the long list of investing strategies, add this: I'll have what she's having. That's the idea behind Ditto Trade, an online brokerage for anyone who has faith in cousins, best friends or next-door neighbors who are always bragging about their stock-trading chops. Attach your investment portfolio to theirs, and whenever they make a trade, so will you. No time to watch the market? No problem, as long as you trust the instincts of your Uncle Herb. Ditto Trade's CEO, Joe Fox, said his company will empower the stock-trading masses.
December 12, 2011
SIM-PLY THE BEST SCROOGE 'Tis the season when emotions run high over "A Christmas Carol," whose many remakes are popping up all over the tube. Nearly every year, we hear from readers who say "bah humbug" to any version but the 1951 film starring Alastair Sim as Ebenezer Scrooge. (Some might prefer George C. Scott, but we remember the "Mr. Magoo" treatment particularly fondly.) Sim's version seems to get less airplay than it used to, but if it's not Christmas until you've seen it, TCM airs it at 8 tonight.
February 28, 2012 |
Billionaire and investing icon Warren Buffett said Monday that health-care giant Johnson & Johnson has "obviously messed up in a lot of ways in the last few years. " Buffett is chairman of Berkshire Hathaway Inc., the investment company that owns or holds sizable positions in companies in numerous industries. J&J, Wells Fargo, Burlington Northern, and Coca-Cola are among the prominent companies in its portfolio. Buffett said Berkshire has not sold its stake but "we might.
October 25, 2011 |
The markets have just been plain wacky of late. It took me a long time to learn about market volatility and why it is important for investors. But understanding volatility helps to have a broader sense of why markets move the way they do and how to split up portfolios between stocks, bonds, and other assets. I'll share some things I've read recently about why the stock market has been gyrating like a carnival ride. First, the definition of volatility: It refers to the range of movements in either direction, up or down.
November 29, 2011 |
If you have just had an argument with your spouse, that is a bad time to rebalance your retirement portfolio. Your emotions influence the way you trade, says a new book by a professional Wall Street trader and trading coach. Market Mind Games: A Radical Psychology of Investing, Trading and Risk (McGraw-Hill), due out this January, says that when it comes to making judgment calls on your portfolio, don't suppress your emotions. Instead, harness them and understand how they are influencing your decisions.
May 1, 2012 |
George C. McFarland Jr., was named president of Pennsylvania Trust, Radnor. McFarland will retain his current responsibilities as director of trust and account administration and as portfolio manager, and will continue to help lead the internal management and administration of the firm. Salveson Stetson Group, a Philadelphia executive search firm working with clients on identifying talent for senior executive-level positions, hired Donna DeHart as vice president. DeHart had served as a vice president for Advantage Building & Facility Services.