The 4th quarter saw global stock markets sell off into bear market territory. The sell off was triggered by concerns over the US – China trade war and the ripple impact it is having in economies around the world. Economic growth decelerating at a quicker pace than expected. The slowdown is partially linked to the cautious business environment stemming from the trade war.
The markets delivered a Christmas gift that no one asked for this year, a bear market. Stocks capped a turbulent year with a steep sell off in the fourth quarter. 2018 was a tough year for almost all assets categories around the world. The best performing asset was cash beating both stocks and bonds. This is the first-time cash has been the best performing asset since 1994.
I am humbled that over 60,000 people read articles on our website this year. Our goal is to help take financial planning and investment topics and write about them in a relatable way that is helpful to our readers. We are so grateful for our readers and feel free to suggest topics you would like us to cover in 2019. Thanks again for reading and here are our top posts for 2018!
This is my fifth year of compiling my favorite book list. It is the shortest list I have posted. I didn't get to read as many recommendable books in 2018. My reading list this year consisted of more management and technical books to help with certain areas of Castlebar. None of these made my favorite list.
You might think knowing how to negotiate salary is a skill best used by entry-level workers who are just getting started in their careers. And you’re right -- being able to secure better pay when you start a job sets you up to make more over your working years.
Jason Zweig is a long-time columnist for the Wall Street Journal. In this weekend’s Intelligent Investor column, he offered 19 questions that you should ask your financial advisor. The questions are direct and to the point.
Quotes from famous, funny or brilliant people are widely referenced, sometimes overused to emphasize a point. There are certain quotes or phrases that can help guide us when we are making ordinary life or important decisions. They can serve as powerful reminders of key concepts.
2016 was another year of wonderful reading for me. I was able to somehow find time to read over 30 books this year and I have a few more I plan to finish before the end of the year.
Here are 7 books from my list that are my favorites.
When you pass away if you could not leave any money to your children, but only one piece of financial advice, what would it be? I was asked this excellent question and had to pause. My mind raced trying to think of all the financial advice I had heard and also given, things you want your kids to avoid and habits you want kids to know sooner than you figured them out.