Author's articles

What Your Dad Never Told You About Income Investing: Q & A
By Steve Selengut · 1 year ago
One of the biggest mistakes investors make is to ignore the "income purpose" portion of their investment portfolios... many don't even realize that there should be such a thing. The second biggest mistake is to ...
Do Stock Market Numbers Really Matter?
By Steve Selengut · 1 year ago
The last "all time high" in the S & P 500 (2,873) was struck just over six months ago, on January 26th. Since then, it has been down roughly 10% on three different occasions, with ...
Income Investing Paradox: High Dividend Equity ETFs and Mutual Funds
By Steve Selengut · 1 year ago
Several years ago, while fielding questions at an AAII (American Association of Individual Investors) meeting in Northeast NJ, a comparison was made between a professionally directed "Market Cycle Investment Management" (MCIM) portfolio and any of ...
The "Great Recession" - Ten Years Later
By Steve Selengut · 2 years ago
I thought you might be interested in some thoughts about the investment climate around the time of the "great recession". You may find them disturbing, or enlightening, depending on where you think we are today. ...
The Art of Investing: A New Wall Street "Line Dance"
By Steve Selengut · 2 years ago
It matters not what lines, numbers, indices, or gurus you worship, you just can't know where the stock market is going or when it will change direction. Too much analytical effort is wasted trying to ...
Harnessing Stock Market Volatility
By Steve Selengut · 2 years ago
If you were to Google "stock market volatility", you would find a wide range of observations, conversations, reports, analyses, recipes, critiques, predictions, alarms, and causal confusion. Books have been written; indices and measuring tools have ...
Investment Strategy: The Investor's Creed Revisited
By Steve Selengut · 2 years ago
Fascinating, aren't they, these security markets of ours, with their unpredictability, promise, and unscripted daily drama. But individual investors themselves are even more interesting. We've become the product of a media driven culture that must ...
Investment Opportunity Times Two...Or Is It Four
By Steve Selengut · 2 years ago
As of March 23, 2018, the S & P 500 (at $2,588.26) was down roughly 10% from its January 26, 2018 all time high of $2,872.87, and down about 3.2% for the year, presumably in ...
Managing The Retirement Income Portfolio: The Plan
By Steve Selengut · 2 years ago
The reason people assume the risks of investing in the first place is the prospect of achieving a higher "realized" rate of return than is attainable in a risk free environment…i.e., an FDIC insured bank ...
Understanding "Income Purpose" Investing
By Steve Selengut · 2 years ago
After 45 years of investing, I've come to the conclusion that the equity (or growth purpose) market is a far easier medium for investors to understand than the far safer, and generally less volatile, income ...
Market Numbers Through 2017... Not Quite as Impressive as You Think
By Steve Selengut · 2 years ago
No one would deny that 2017 was a banner year for the markets...at year end, all the equity indices were close to their all time highs. Even the WSMSI (Working Capital Model Select Income Index) ...
Re-thinking IRA Fees and Tax Free Income In The New Tax Code Environment
By Steve Selengut · 2 years ago
Just when we thought we had handled the DOL mandated changes to our IRA fee payment arrangements, a new tax code comes along and changes everything... literally. Read this "fine print" first: I am not ...
Market Cycle Investment Management
By Steve Selengut · 12 years ago
Whatever happened to the Stock Market Cycle; the Interest Rate Cycle; Baby Jane? How did Wall Street get away with pushing these facts of financial life down the basement stairs? Most investors, I'm beginning to ...
Book Review: The Brainwashing of the American Investor
By Steve Selengut · 12 years ago
As I write this (11-27-2007), the markets are getting ready to open after closing down the previous day. The Dow Jones industrial average has fallen nearly 240 points and the headline in the local paper ...
Dealing With Stock Market Corrections: Ten Do's and Don'ts
By Steve Selengut · 13 years ago
A correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I'm told, corrections adjust equity prices to their actual value or "support levels". In reality, it's ...
Asset Allocation Management Without Mutual Funds
By Steve Selengut · 13 years ago
Many Investment Gurus, with a straight face and a gleam in their eye, will insist that successful investing is a function of expansive research, skillful market timing, and detailed technical analysis. Others emphasize fundamental information ...
Simplified Social Security: Birthing the Deferred Fixed Annuity
By Steve Selengut · 13 years ago
As an investor, I've always wondered why Social Security is such a problem. What's so difficult about managing this particular Trust Fund, and why is it so different from other investment accounts that pay out ...
Relax, A Volatile Stock Market Is Your Dearest Friend
By Steve Selengut · 14 years ago
Most people never forget their first love. I'll never forget my first trading profit! But the $600 (1970 dollars) I pocketed on Royal Dutch Petroleum was not nearly as significant as the conceptual realization it ...
In Value Stock Investing, Quality is Job One
By Steve Selengut · 14 years ago
How much financial bloodshed is necessary before we realize that there is no safe and easy shortcut to investment success? When do we learn that most of our mistakes involve greed, fear, or unrealistic expectations ...
The Dow Jones Industrial Average: Failing the Average Investor
By Steve Selengut · 14 years ago
In addition to a well thought out Investment Plan, successful Equity investing requires a feel for what is going on in the real world that we all refer to as "The Market". To most investors, ...