The multistate Mega Millions lottery jackpot stands at a world record high of $540 million for tonight’s drawing. Mathematicians will say you have a better chance of being struck by lightning 100 times than of hitting the jackpot. But spending $1 to fantasize about what you would do with the winnings can be a cheap […]
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So often we take for granted our good fortune. Working with colleagues and clients at Sigma is truly my good fortune. It has also been my good fortune to have known Bob and Shari Bilkie for almost twenty years. Not only do they take their commitment to Sigma seriously, but that commitment carries through to […]
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Apple’s (AAPL) stock traded at a new high of $621.45 on 3/27. This stock price puts the market capitalization (total shares outstanding times the price of the shares) of AAPL at a staggering $575 billion. It’s the largest company in the S&P 500 index, and according to this Wall Street Journal article, about one third of all US […]
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On the plane ride home from my recent spring training baseball trip, and while discussing the prospective presidential candidacy of Republican contender Mitt Romney, my baseball loving, left-leaning travel companion noted wryly, “I am concerned about his compassion.” As he said it, I recalled that just a few weeks earlier, another friend who is also […]
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Full disclosure disclaimer: This blog may seem self-serving, but it is the objective of our blogs to try to impart to our readers useful information pertaining to investing and this fits the bill. The February-March 2012 issue of Worth magazine carried an article titled “The Search for Great Advice”. The byline read, “When picking a […]
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Jailed for selling an annuity! The number of times I have seen annuities inappropriately used in investment portfolios for clients who subsequently hire me is mind boggling. This is not to say that all annuities are poor investment vehicles, nor that all who sell them are criminals, but there has been a fair amount of […]
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