An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Monday, May 14, 2012

The Last Period of Deflation


Housing has been in a deflationary period since 2006 but not the economy overall. In March of 2009 stocks began a huge rally after this article below was written, though stock "dividend" yields may never reach 5% again: 

Per Merrill Lynch Advisor magazine in February 2009, will deflation (lower prices) jeopardize the recovery?

"...The last period of true deflation in the U.S. was 1954-1955. One bright spot was that dividend yields were 5% according to Mr. Rosenberg.

In Japan, according to Mr. Bernstein, stock rallied more than 33% in some years through deflationary periods of the 1990’s...."

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