Should You Invest in IPOs?

Should You Invest in IPOs?

Since the beginning of this year we’ve seen a number of spectacular first-day gains among Initial Public Offerings (IPOs). Lyft rose 21% before closing with a gain of 9%. Pinterest soared 25% but was overshadowed by Levi Strauss’ 31% advance. And even those impressive returns pale in comparison to Zoom, which – true to its…
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Investors Keep Trying To Time Markets

Of all the schemes stock market investors have come up with to try to avoid losses and/or to beat the market, market timing is probably one of the least effective. Simply put, it requires the ability to identify some kind of trigger that enables you to sell your holdings before prices drop, then subsequently finding…
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Tax Refunds Were Lower in 2018. So What?

Just a heads up that this is going to be another media rant. But not the typical kind in which I take issue with the media spending less time on reporting facts than on speculating about them. This time it’s about taxpayers getting $6 billion less in refunds from their 2018 tax returns than they…
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Why Don’t Millennials Like Stocks?

I previously posted about a Bankrate financial security survey in 2017 which found that real estate was the Millennial Generation’s top investment preference over stocks and cash (https://www.cognizantwealth.com/2017/11/24/is-real-estate-best-for-building-wealth/). The post pointed out that real estate as an investment had actually underperformed stocks over many periods since 1900, suggesting that millennials’ expectations of the best long-term…
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Latest Top Scams Targeting Seniors

The U.S. Senate Special Committee on Aging recently released their 2018 report on the top ten scams targeted to seniors as reported to their toll-free fraud hotline 1-855-303-9470. With today’s technology it is not only easy for criminals and cheats to reach millions of citizens but also easy to misrepresent themselves and their organizations. While…
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What To Do About Record High Trade Deficits?

The U.S. Commerce Department reported this month that the trade deficit for 2018 reached a record $891.3 billion and grew by almost 13% over 2017. As investors, what should we be taking away from this metric? The first question might be how did we get to this point? President Trump assured us one year ago…
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