Financial Questions for Bill Richardson Part 18
Question: It seems to me that the past few years have been highly volatile and unpredictable. How should an average investor learn to deal effectively with this volatility? This is such an important question, I thought I would answer it in 3 parts, rather than answering three questions. Let’s start with comparing owning your home Read more ➝
Financial Questions for Bill Richardson Part 17
Q. I was reading that one of the reasons that stock markets were declining was that interest rates were rising. I don’t see interest rates rising. What are people seeing that I don’t see? A. Your question is really two parts, so let me answer them both and then address the current situation. Question Read more ➝
Financial Questions for Bill Richardson Part 16
Good Morning. Here is the latest edition of 3 Questions for Bill Richardson. We have been getting a number of questions about GameStop and a few other companies like Blackberry, Bed Bath and Beyond and AMC so we thought in this edition, we would try to address most of the questions. What is short Read more ➝
Financial Questions for Bill Richardson Part 15
Question 1: How did the portfolios that you manage perform in 2020? One advantage that I have over other advisors is that I manage two mutual funds, Willoughby and Northgate. Many clients hold positions in these funds and if not, the process I use for managing individual portfolios is very similar. As client portfolios have many Read more ➝
Three Questions for Bill Richardson Part 14
Question 1: The end of the year is a time at which I like to look at my portfolio to see how it performed. I know there are many ways to do this. What do you suggest? To begin, you are definitely on the right track in your thinking that the end of the year Read more ➝
Three Questions for Bill Richardson Part 13
Question 1: Now that there is a new President Elect in the US, how is this going to affect financial markets? Once again, this is a question asking me to predict the future. Monday, November 9th was the first trading day following Biden being elected the 46th President of the United States and we saw some huge Read more ➝
Three Questions for Bill Richardson Part 12
Question 1: I hear people say that the main reason that stocks go up and down is emotion. Is that correct? Unfortunately, most people don’t really understand how stocks work and if you asked the question “How do stocks work?”, you will generally get a response that stock prices are driven by emotion or that Read more ➝
Three Questions for Bill Richardson Part 11
Question 1: There is a Presidential election in a couple of weeks. How is this going to affect my investments? This type of question fits into the predictions category and I will answer it as I usually answer predictions questions. Making predictions for the short-term is not much more than guessing. Who knew that last Read more ➝
Three Questions for Bill Richardson Part 10
Question 1: In a recent discussion, you mentioned that your approach is “multi-factor” whereas most ETFs are single factor. Can you explain in more detail? Let’s start by looking at ETFs and one very good one in particular – BMO Low Volatility Canadian ETF (ZLB). Their mandate is quite simple – identify Canada’s 100 largest Read more ➝
Three Questions for Bill Richardson Part 9
Question 1: September seems to be off to a rocky start. Is this the beginning of a much larger decline? According to Investopedia “Since 1950, the month of September has seen an average decline in the Dow Jones Industrial Average (DJIA) of 0.8%, while the S&P 500 has averaged a 0.5% decline during September. Since Read more ➝