Pyle: Avoid knee-jerk reaction during health, financial crisis
T he COVID-19 pandemic has left people throughout the country feeling stressed and uncertain about their health and financial well-being. Worrisome headlines, escalating infection rates, confusing recommendations, and the increasing death toll underscore the volatility and complexity of the issue. Then, of course, there are the personal circumstances that each person must contend with — … Continued
Pyle: Avoid knee-jerk reactions to markets
The COVID-19 pandemic has left people throughout the country feeling stressed and uncertain about their health and financial well-being. Worrisome headlines, escalating infection rates, confusing recommendations, and the increasing death toll underscore the volatility and complexity of the issue. Then, of course, there are the personal circumstances that each person must contend with — health … Continued
How much does that “free” financial advice really cost?
Today’s investor is faced with so much fear caused by political uncertainty, media hype and the quagmire of the financial world. This tends to lead many potential investors to inaction and/or attempting to manage their finances themselves with the intent of saving money and protecting their assets from the Bernie Madoff’s of the world. If … Continued
New year’s resolutions for your financial health
With all the holiday preparations, you might not have had time to think about your end-of-the year finances. That’s OK, because financial folks have come up with some tips that aim to make you more healthy, wealthy and wise in the new year. With stock market gains in the 25 percent to 30 percent range … Continued
Stockholders put Noodles, Clovis shares on sale block
BOULDER – Two very different publicly traded local companies have seen success served up in rising share prices in recent years. Restaurant chain Noodles & Co. Inc. and biopharmaceutical developer Clovis Oncology Inc. announced stock sales in early December, creating future cash wealth estimated in the hundreds of millions of dollars, mostly for shareholders. Companies … Continued
Advisers recommend taking ‘middle path’to protect portfolio
“Boring is beautiful” is the best mantra for investors in 2011, just as it probably should be in any year, area financial advisers said. Conversely, the words “sexy and successful investing shouldn’t be used in the same sentence,´ said Nancy Stevens, chairman of First Western Trust Bank in Boulder. “The key is to take ‘the … Continued
Parascript to launch hedge fund in January
LONGMONT — Pattern recognition software company Parascript LLC plans to launch a hedge fund in January that will use the company’s proprietary technology to pick stocks. While some details of the fund remain to be worked out, it is expected to be based at Parascript’s office in Longmont and managed by a hedge fund manager … Continued
Local stocks underperform, fare worse than Wall Street
It was a rough 2008 for Boulder Valley-based public companies. Not only were their stocks down for the year, but their performance as a group fared much worse than the broader U.S. stock indices. The 10 local stocks on the major exchanges declined 60.4 percent as an evenly weighted portfolio in 2008. That’s worse than … Continued
Long-term investments may trump cost of mortgage loan
At a time when the stock market isn’t performing so well, some homeowners are wondering whether they should shift any extra cash toward their mortgages rather than make new investments. Increased mortgage payments lead to lower interest costs during the life of the loan. Local financial and mortgage experts say that long-term investments usually will … Continued
Develop defense against wild stock market
BOULDER – If you get sick on roller coasters you might want to avoid looking at the stock market for a while. It’s been a wild ride for Wall Street recently, including a one-day 600-point swing on the Dow Jones Industrial Average and a near bear market, which is officially classified as a 20 percent … Continued
Next Page »