Remembering Black Monday (1987)

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  30 years ago this month, investors were enjoying one of the strongest bull markets in history.  The Dow was up more than 40% for the year, to a record high of around 2,750.  Things began to get a bit dicey after that, with a drop of 9% over the next few weeks, followed by… Read more »






May Market Commentary

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  More uncertainty, more growth, more record highs and more risk: the reigning market theme today seemingly is one of quantity – more of virtually everything, as recently suggested by Goldman Sachs. “Investors in recent months have faced a blitz of new U.S. policy initiatives whose contours are largely unknown but reflect the power of… Read more »






Can You Count on Your State Sponsored Pension?

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If you are one of the thousands of employees that work for the state of Ohio or a teacher at a public school in Ohio, chances are you have a traditional state sponsored defined benefit pension plan.  These retirement plans require the employee put a certain % of their gross income into the plan each… Read more »






April Market Commentary

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“Interest rates are rising! It’s time to abandon your bonds!”  This has been the popular commentary from many media outlets over the past few months.  Yes, Janet Yellen and the Federal Reserve increased the Fed Funds rate by a whopping 0.25% on December 14, 2016 and by another 0.25% on March 15, 2017.  This now… Read more »






Investing in a Trump World – Rule #3

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At PDS, we simplify things. Our objective is to make complex financial topics more approachable for our clients. No doubt the presidential election last fall made things seem more complex. Over the past few weeks, I have offered the first two rules of investing in a Trump World. The first rule told you to be… Read more »