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Legend Securities Daily

Curated finance and investing news from our community of thought leaders

Thursday
Apr102014

Cleaning Up Your Financial Records

In 2013, the U.S. Supreme Court settled a case between a widow and her deceased husband’s former wife regarding who would receive the man’s federal employee insurance benefits. The judges ruled in favor of the first wife, even though the couple had been divorced for more than 10 years when he died, because she was still the designated beneficiary on his policy.1

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Tuesday
Apr012014

Looking Beyond the Bull Market

When the latest bull market for U.S. stocks reached the five-year mark on March 10, 2014, only five bulls had lasted longer. The Standard & Poor’s 500 index posted a gain of 177% for the five-year period.1 The current bull followed on the heels of the Great Recession and the worst stock market decline since the 1929 stock market crash. The most recent bear market began in October 2007; the S&P 500 fell 57% before hitting the bottom on March 9, 2009.2 In typical fashion, investors who sold stocks during the downturn may not have participated fully in some of the subsequent bull market gains. A recent Morningstar study found that emotional trading practices had a negative effect on investment returns over the last decade. For the 10-year period ending December 31, 2013, investor dollars returned an average of 2.5 percentage points per year less than the average mutual fund’s performance, largely because people have a tendency to buy high and sell low.3

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Monday
Mar172014

Weighing Price and Earnings

As with any purchase, it would be wise to learn more about a stock before investing. Because no one has a crystal ball, the price-to-earnings (P/E) ratio can be a helpful tool. Underlying Value On its surface, the P/E ratio is a simple calculation derived by dividing a stock's current price per share by the company's earnings per share over a 12-month period. You might consider it a measure of underlying value that indicates what investors are willing to pay for one dollar of earnings. For example, a P/E of 17 means an investor would pay $17 for every $1 the company earns. By this standard, a stock with a P/E of 27 could be considered more "expensive" than the stock with a P/E of 17, regardless of the share price.

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Wednesday
Mar122014

China Corrects to Buy Juncture -A Technical Look at Emerging and Frontier Markets

China Corrects to Buy Juncture

-A Technical Look at Emerging and Frontier Markets

 

Bullish markets have a rising 140 day moving average

Bearish markets have a declining 140 day moving average

 

Neutral markets have a mostly flat 140 day moving average

-Neutral markets highlighted white are not trending in a any particular direction   

-Neutral markets highlighted green are trending bullish

-Neutral markets highlighted red are trending bearish

 

 

 

China Corrects to Buy Juncture

 

China has been neutral since last year trading around its flattish 140 day moving average 

-The correction back to the past lows was benign in angle and volume creating a buy juncture

-With a flattish 140 day not pushing prices down odds favor China rallies in the weeks ahead

 

 

 

 

Tuesday
Mar112014

How to grow your 401(k) at any age

When it comes to retirement saving, it doesn't matter how old you are, because all generations are in trouble. Whether a baby boomer, Gen Xer or millennial, many Americans find themselves in the same boat: not having a solid plan for retirement. Although different generations are facing different threats, a study conducted by financial-education company Financial Finesse found that most, if not all, Americans might not be able to eventually pack up and head to a retirement community.

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