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Dig Deeper
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You Can’t Live in the Future
January 23, 2012 By Randy ClearyAll planning discussions begin with the ridiculous question “So how much do you think you will need 25 years from now?” And thus many people have Read More » -
Why We Have So Few Entrepreneurs
October 03, 2011 By Randy ClearyI continuously see references to people as ‘entrepreneurs’. These folks think they are entrepreneurial in nature, but they’re not. What does it mean, then, to be Read More » -
The Growth Thesis
July 10, 2011 By Randy ClearyEveryone needs a thesis. Your thesis is a belief. It is important so that a strategy and a plan of action can be designed. When it Read More »
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Now Isn’t the Right Time
People often tell me they would like to put more money into the stock market, but some newspaper article or economist has presented a very valid reason why right now isn’t a good time. Below you will see a list of some of the major events impacting the USA that would have caused you to question investing any money into companies. However during this 75-year period the DJIA has persistently advanced from a level of only 104 to today’s 12,523, and has produced an average annual return over the last 25 years of close to 11% (taken from the Dow Jones Industrial Average – “DJIA”). Other than operating your own business no other investment (not bonds, not real estate, not gold) has ever beaten equity returns over any 20-year period. What are you waiting for?
1932 – Great Depression
1939 – War in Europe
1942 – War Time Price Controls
1947 – Cold War Begins
1950 – Korean War
1956 – Suez Canal Crisis
1962 – Cuban Missile Crisis
1963 – JFK Assassinated
1966 – Vietnam War Escalates
1971 – Wage & Price Freeze
1972 – Largest Trade Deficit in USA History
1973 – Energy Crisis
1979 – Oil Skyrockets – 10% + Unemployment
1980 – Interest Rates Hit All-time High
1982 – Worst Recession in 40 Years – Debt Crisis
1987 – The Crash – Black Friday
1990 – Gulf War – Worst Market Decline in 16 Years
1998 – Asian Crisis
2000 – Technology Correction
2001 – Terrorist Attack
2006 – Oil Prices at All-time High
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