Things To Know About Trading – Courtesy Of The Oxford Club

While it’s not possible to predict happenings of any sort in financial markets, being prepared for potential market crashes is prudent of all wise investors says the Oxford Club.

Thirty years and one week ago, Black Monday – October 19, 1987 – hit worldwide financial markets. The Dow, an index composed of 65 of the world’s most high-powered stocks, dipped 22.6%, a then-astounding sum of 508 points in the short, 9:30-to-4:00 window of trading hours.

At the time, the global stock market had hit a peak just two months prior to the infamous Black Monday. Nothing had spurred Black Monday outside of many brokers deciding to sell off shares – no government meltdowns or companies engaging in fraud. Algorithms that determine the direction of the stock market were blamed for the market failure. They’re still in place today, although no person or entity, in particular, is to blame.

Alexander Green, Chief Investment Strategist of The Oxford Club, recently wrote an article detailing basic things every investor should do to prepare themselves for widespread financial market failure.

Don’t react irrationally to markets experiencing failure in the interim – if you can’t anticipate them, certainly don’t react to them. Diversify your portfolio of stocks, bonds, and other assets broadly. Utilize trailing stops, and don’t be afraid to keep a large wad of cash in your checking account.

The Oxford Club was created in 1989 and has tens of thousands of members across the world. It helps people make good decisions as investors.

Currently hosting an astounding 80,000 members, The Oxford Club is the largest organization of its sort.

The Oxford Club also publishes newsletters and articles through Investment U, an investment advice website that was founded nearly two decades ago. In looking out for the best of investors’ interests, Investment U is free to browse.

Daniel Mark Harrison, Business Owner

Monkey Capital is an innovative company within the financial planning industry. This is a company that offers specialized investments for people who are willing to take on a little more risk in their life. With all of the different investing options today, it is difficult to know what company to work with.

Daniel Mark Harrison founded Monkey Capital several years ago. He was tired of the lack of choices in the financial planning industry. Many of his clients have done well investing with him. Although it was difficult to get the business started, he has done a great job helping others in this area.

Early Career

Daniel Mark Harrison had an early start to his career in financial planning. He worked for a financial planning company where he was responsible for bringing in new clients. Anyone who has ever worked with Daniel Mark Harrison knows how passionate he is about helping others.

Daniel Mark Harrison decided to leave his corporate job and start his own company. This was a risky decision for several reasons. Starting a business is not easy, and he had no guarantee of success. The good news is that Daniel Mark Harrison had a big client base to work with in the beginning. Monkey Capital grew quickly, and he continued to provide customers with high returns.

Future Plans

Daniel Mark Harrison has many plans for Monkey Capital in the coming years. He wants to grow the business as much as possible. However, he does not want his company to lose the personal touch that it is known for. With that being said, he is working on expanding to several different locations.

Louis Chenevert is Worth More than His Weight in Gold

Louis Chenevert has a history of being a successful businessman. Chenevert began his business career by gaining a Bachelor’s Degree from HEC Montreal in Production Management. Since this was an affiliate of the University of Montreal, his degree carried high respect in the business sector.

Straight out of university, Chenevert would pick up his first job at none other than the CEO-training juggernaut, General Motors. It was here at GM that he worked for 14 successful years as a Production Manager. His skills and talents were so apparent that in 1993 he was approached by Pratt & Whitney and offered a job in aircraft engine manufacturing. In just 6 years, Chenevert did such an amazing job that he was elevated to the role of president after being at the company for just 6 years.

Having gotten his feet wet in the aircraft industry, he was voted, and became, the Chairman and CEO of United Technologies in 2006. It was here that he put his experience at General Motors and Pratt & Whitney to work. To say it paid off would be an understatement.

Chenevert led the rising of his companies stocks. When he arrived at United Technologies Corporation, the stock was hovering at $37. After implementing several changes, the stock soared to a total of $117, bringing UTC’s estimated value to $63 billion.

Chenevert was able to produce such results through various initiatives. Firstly, he instilled into everyone the value of integrity. You did not cut corners. You did not hurt the environment. You did not ignore the needs of people. Being true to his vision, Chenever lowered gas emissions by 26% and water consumption by 53%. He would go soon forth and urge his fellow companies to do the same. Chenevert can easily be called one of the biggest business tycoons in aerospace history.

New Acclaimed CEO of Capital Group Announced

In July of 2015 the Board of Directors at Capital Group named Timothy Armour as Chairman of Capital Group. This change of leadership had been planned for several years and was formalized when the previous Chairman, Jim Rothenberg, passed away. In a statement Timothy said, “Tim said, “All of us here at Capital deeply mourn the loss of our friend and colleague, Jim. He was a purposeful leader, who possessed a talent for taking decisive action in the best long-term interests of our clients, investors and associates.”

Timothy obtained his Bachelors degree from Middlebury College in Vermont. Timothy began his career in 1983 in The Associates Program at Capital Group, and then moving on to the position of equity investment analyst. Later on he served as an equity portfolio manager for the company.

Timothy has said, “find active managers who earn their keep.” He believes that an investor doesn’t need to settle for average returns, and should seek out an actively trading manager who can consistently make greater returns than the overall market does. He is a proponent of active management of a portfolio rather than passively following an index which will only make what the overall market does. By researching and investing in profitable companies that are doing better than the overall market an active manager can provide the best gains for his clients.

Janet Yang, a Director of Multi-asset and Alternative Strategies, believes that Timothy Armour was a good choice to lead Capital Group. She believes a good deal of their success is because of Timothy’s ability to peer into the future and uncover the needs and demands of a business, as well as the long term needs of the employees of these businesses.

These market corrections, in his words, remove pockets of excess. In a July 2015 interview he commented that he’s in agreement with the Fed that rates need to rise because it would be healthy to do so over the long term. both the vision they need and, as a long term employee and executive of the company, continuity after the passing of the former Chair.