Control

by Bill Parrott on

Markets are soaring to all-time highs as the world awakes from its COVID slumber. Year-to-date, the Dow Jones and S&P 500 hit record highs, and the NASDAQ is not far behind. Since the Covid outbreak, all three indices have performed well.

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However, if you're not saving money or can't control...

When To Sell?

by Bill Parrott on

The stock market is trading at all-time highs. The S&P 500 topped 4,000 this week, it's up more than 53% over the past year, and investors are euphoric.  As the market climbs, is it time to sell stocks? Unfortunately, there is no one simple answer for everyone, so let's examine a few reasons to sell...

My NCAA Basketball Bracket

by Bill Parrott on

What a tournament! March Madness did not disappoint. I was rooting for Baylor to win, and they did! I entered ESPN's Tournament Challenge and finished in the 94th percentile, ranking 843,000 out of 14 million. My final game prediction was Baylor beating Gonzaga 74 – 72. The final score was 86 – 70...

Get Ready To Travel!

by Bill Parrott on

I booked a flight for the first time in over a year. In May, I will fly to Los Angeles to visit my parents; our first in-person visit since December 2019. I look forward to waiting in long lines and battling the Los Angeles traffic.

The Dow Jones US Travel and Leisure Index just traded to an all...

Ready to Retire?

by Bill Parrott on
Categories

When should you retire?  Today, tomorrow, never? The answer is both emotional and financial. The financial side of retirement is easy – you either have enough money to retire, or you don't. If you have more than enough money to cover your expenses, you can retire at any time regardless of your age...

Time To Buy T-Bills?

by Bill Parrott on

Stocks, Bitcoin, and NFTs, are surging. The NASDAQ is up 41% since last March, Bitcoin soared 627%, and last week, the artist Beeple sold an NFT for $69 million. The economy is opening up, stimulus checks are coming, and investors are in growth mode. If everyone is making money buying stocks and...

Rate of Return

by Bill Parrott on

Do you know the rate of return on your investments? Have you ever calculated your total return? In my experience, most investors don't know what they earn on their money. Of course, I often hear about winning stock trades – never the losers, nor do people tell me how much they allocate to their...

It's finally here! The greatest sporting event is back after last year's hiatus. Though fans, bands, cheerleaders, and mascots are missing, it's still exciting to watch. My family and I look forward to competing against each other with our brackets, and I always participate in ESPN's Tournament...

Is America waking up from its COVID slumber? The number of people getting vaccinated is increasing daily. Yesterday, Governor Greg Abbott of Texas eliminated the mask mandate, and he's allowing businesses to open up at 100% capacity. Mississippi is doing the same. President Biden anticipates most...

Fear Rising Rates?

by Bill Parrott on

Investors fear rising interest rates. Since the start of the year, the 10-Year US Treasury yield is up 66% to 1.54%. It's still low, but the speed at which it climbed is worrying investors. For the past fourteen years, the yield on the 10-Year averaged 2.33%. The high was 4.01%, the low was .52%...

What A Year!

by Bill Parrott on

What a difference a year makes. Last March, COVID appeared, and global commerce came to a halt. The Dow Jones fell more than 30% as investors reacted to the virus and economic shutdown. Initially, working from home was expected to last a few weeks before things returned to normal. Larry Kudlow...