Investors should not take market returns for granted as the CBOE volatility index – the VIX – hovers at low levels.
The VIX, often referred to as the Fear Index, is a measure of expected volatility on the S&P500 Index over the next 30 days. High VIX readings mean investors see significant risk that the market will move sharply, either up or down.
Efforts and Courage are not enough without purpose and direction.
These are famous words from one of the great American Presidents – John F Kennedy.
The web, regulation and our increasingly self-directed consumer market have forced the advice industry to evolve or die. As a result, the quintessential “risky” or risk adviser is being replaced by a new, savvier species – the Risk Professional. And they know that a risk discussion that goes deeper than just insurance is key to their survival.
Industry data tells us that a little over 80 per cent of all mortgage brokerages operate as sole traders, or with one other staff member or loan writer. What this means is that the majority of mortgage broking business are conducted by owner operators.
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