Michael C. Stalker

2016 First Quarter Report

If MCS clients’ investments were treated as one large portfolio including their cash, on average clients gained 1.44% after fees. The range of individual client returns was from -0.73% to 3.61%. For comparison purposes, the S&P 500 Total Return Stock index earned 1.35%, and the Barclays Aggregate Bond Index was up 3.03% for the year. …

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Thoughts on Identity Theft

I’ve been thinking about the growing issue of identity theft and the offerings in the market to address it. Since most identify theft focuses on access to money (banking and financial info), I’ve developed this review of the problem and options for addressing it. A few years ago Jeff wrote an article on indentify theft …

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2015 Third Quarter Report1

Despite the 3rd quarter turmoil, MCS client portfolios remained stable. If MCS clients’ investments were treated as one large portfolio including their cash, the nine month 2015 return was 0.23%. Individual client returns ranged between -4.0% and 3.0%. The client with the lowest return was negatively impacted by higher stock exposure. Of the two clients …

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Thunderstorms and Tornados

“Toto, I’ve a feeling we’re not in Kansas any more.” Dorothy, Wizard of OZ, 1939 Financial Tornado #1 On Monday morning, August 24, 2015, panicky US investors had a boatload of sell orders lined up for the New York Stock Exchange’s 9:30 opening bell. The Chinese stock market had dropped a stunning 8% the day …

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The Sky is Not Falling, It’s Just a Thunderstorm. Carry On.

A slowing Chinese economy coupled with a surprise devaluation of the Chinese currency (seen as confirmation of Chinese problems) has scared the bejesus out of investors. The fear is that China, the world’s second largest economy, will stall economic growth across the globe. For some countries, it’s true. Recent US stock market volatility can be …

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2015 Second Quarter Report1

I am playing with the format of this report to hopefully make it more accessible. MCS clients’ interest in financial markets varies considerably. Finance is fascinating for some and a difficult, boring language for others. If you have comments or suggestions to improve this or other communication, please let Jeff or me know! Executive Summary …

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2015 Performance Report and Investment Outlook1

If MCS clients were one large portfolio including their cash, the first quarter 2015 return was 1.35%. Individual client returns ranged between -.25% and 2.49%. The client with the lowest return was negatively impacted by exposure to a large inherited position in Exxon with very low cost bas is. The client with the highest returns …

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2015 Performance Report and Investment Outlook

If MCS clients were one large portfolio including their cash, the 2014 return was 8.99%. Individual client returns ranged between 14.71% and 3.72%. The client with the lowest return was negatively impacted by exposure to European stocks and had fewer bonds overall. The client with the highest returns had a significant portion of zero coupon …

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