While we had a strong Christmas rally this market continues to be extremely overvalued. It's much safer to stay with the deregulated Bank sector where deals are going to happen frequently. The valuations are still quite compelling in a high price market like this, you better know your portfolio in and out.
Do you know what you own? Many people do not. I would guess in today's world people own 30% or 40% of the same stocks, that usually does not end well. If you were lucky enough to own some of these high-flying tech stocks for the past few years and don't take your profits, that would be just foolish. Most assets are currently at the highs of most people's lifetimes like Bitcoin, Real Estate, Gold, & NASDAQ stocks. Any of these that need to be sold in the next year should be sold yesterday, not tomorrow, not next year. This has to be the greatest stock market of my lifetime. I've been following the market for over 50 years. It's kind of the opposite of 73/74 when stocks went down everyday now they go up almost everyday. Other than a little bit of choppiness the past month, great wealth has been accumulated the past several years but so has great debt. Be careful. Be smart. Be safe. Invest in what you know and take profits when you know they're overpriced.
Our investment structure is simple we charge 1% on accounts under $5 million and negotiable rates over $5 million. We do not charge any bonus fees.
Contact us now 203-942-5905
