Category Archives: Investing

The Golden Rule of Investing: Avoid Losses!


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For those that like to dabble in investing as a hobby, you know the feeling when something is too good to be true. You’ve probably lost money at some point in your life on a speculative investment – the “hot stock” of the day or the latest Tech IPO that’s supposed to revolutionize the world. As professionals at Cox Capital who deal with investments everyday, we’ve seen it all and can offer this simple piece of advice to ensure long-term success – DON’T LOSE MONEY! It sounds simple, but believe us when we say that this is absolutely the holy grail of investment principles! Avoiding losses is the polar opposite of what you see advertised by brokers and the mutual fund firms these days (especially in the midst of major bull markets).

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The Investment Broker Price War – Our Take!


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Our custodian, Fidelity Investments, recently announced that they will be eliminating trading commissions on all equity trades. This is good news for our clients, because this will save them a little money – but at the end of the day, the new no-commission world is not a game-changer for larger accounts. Smaller accounts will benefit, however. As an Andover, MA based portfolio manager specializing in assembling actively managed investment accounts, the new no-commission world will now allow us to offer expert money management for smaller accounts. Most managers thumb their noses at these opportunities!

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CCM On the Road: Wells Fargo Healthcare Conference

We recently had the chance to attend the annual Wells Fargo Healthcare Conference held in Boston. It is a great event with management teams from over 100 publicly traded healthcare companies making presentations to an audience of analysts, investors, and portfolio managers. These presenting companies run the gamut from small biotechnology firms to health analytics companies to household names like Johnson & Johnson and Medtronic. We go into this conference each year with the three goals: to get a progress report on the names currently in our portfolio; to find some new potential candidates on which to focus our future research; and to learn something new about the industry.

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Investment Books that we Recommend

To become proficient at investing you have to work hard. It’s as simple as that. There’s no getting around it. I have found that the best investors read everything that they can get their hands on. They like to turn over the rocks and “peel the onion” so to speak. They read investment (and non-business) books by the handful, scour several newspapers per day and routinely analyze the financial filings of hundreds of companies consistently. Of course, having a good mind helps too – but nothing replaces reading. Even the most successful investors of all time such as Warren Buffet, Peter Lynch and John Bogle were voracious readers. They (or you) should never stop learning!

Folks ask us all the time what are our favorite investment books. We thought that the list below may be of interest to you and/or your children:

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