Hicks & Associates Wealth Management

06/01/2026

If you look at sector specific performance, or just look at the Value Line Geometric Average, the bifurcation is apparent. The tech sector has rocketed off into space. Commodities are also doing well. But everything else, is struggling.

05/25/2026

Any competitor knows: making the podium is an honor. Evidence-Based Investing just got that honor again.

05/21/2026

You've likely heard this countless times ...
And it's just bad advice.

As you age, you've likely been told:
"You are getting close to retirement,
therefore, you should reduce your risk."

That's ridiculous.
It's also just lazy advice.

Your age is NOT a factor!
Your age is irrelevant.

The ENVIRONMENT is the factor.
That's the only thing that's relevant!

The problem:
Most in this industry are NOT trained.

Well, they are not trained to manage money.
Most are trained to manage relationships.

There's lots of training about
➡️ Roth IRAs vs. Traditional IRAs
➡️ 401(k) contribution limits
➡️ Conversion Strategies
➡️ Etc. Etc. Etc.

But most are NOT trained to actually manage money.

Most folks in this industry are taught:
➡️Modern Portfolio Theory
➡️Asset Allocation
➡️Diversification

Some of it is complete nonsense.
Our CIO goes into some detail in his book.

For now, know this:

There ARE absolutely times when you should reduce your risk.

But those times have absolutely nothing to do with your age.

You need to measure risk constantly.
Dial UP risk when the evidence suggests it's appropriate.
Dial DOWN risk when evidences suggests that's appropriate.

If you have questions ...
If you want a second opinion ...

Just send an email to [email protected]

If you want to learn more, check out the book.
You can get the Kindle version for $4.

It's an easy read.

05/18/2026

The Value Line isn't giving much encouraging news lately. And, the message that it's sending is a sign of the extreme bifurcation of this market.

Don't let the main indices deceive you: risk abounds.

The Value Line isn't giving much encouraging news lately. And it's a sign of the extreme bifurcation of this market. Don't let the main indices deceive you: risk abounds.

05/11/2026

Join our Chief Investment Officer at The MoneyShow Masters Symposium in Las Vegas this July.

Join our Chief Investment Officer at The MoneyShow Masters Symposium in Las Vegas this July. He'll be delivering his keynote

05/04/2026

While some are still wanting the Federal Reserve to lower the Fed Funds rate, there is mounting evidence that they may actually have to raise it!

04/01/2026

While there are signs underneath the surface that the correction may indeed be over, our proprietary risk gauge is still very much on a composite sell signal. Where we go from here, as always, it will be based on the evidence.

03/30/2026

Back on March 8th, we published a blog that highlighted the fact that VIX had spiked. The title of that article was "Have We Found Support?"

Clearly, the answer is "no". At least, "not yet".

Back on March 8th, we published a blog that highlighted the fact that VIX had spiked. The title of that article was

03/20/2026

Earlier this week, the Federal Reserve announced that they were not going to make any changes to the Fed Funds rate. Here are three reasons why I think the Fed is mistaken.

Earlier this week, the Federal Reserve announced that they were not going to make any changes to the Fed Funds rate. Here are three reasons why I think the Fed is mistaken.

03/13/2026

Right now the US stock market does not look very healthy. This is why we are positioned the way that we are right now.

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