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A Financial Look Back at 2014

The year in brief. When 2013 ended, few Wall Street investment strategists had high hopes for the market – the thought was that the S&P 500 would post a single-digit advance for 2014. In fact, a Birinyi & Associates survey of said strategists produced a consensus forecast for a 5.8% gain for the index this [...]

Understanding Your Risk Tolerance

The recent success of Chinese megacompany Alibaba's IPO (Initial Public Offering) has sparked many investors' interest. But before jumping in with both feet and opening your checkbook, there are many factors to consider. How’s your ability to withstand short-term losses? This is the question at the core of any discussion of risk tolerance. Some people [...]