Stock market predictions for 2014

The bulls have been rampaging through Wall Street for five years and the pessimists say, if you are not in the party now, it’s too late to join.

Quoted  in USAToday,  Barry Bannister, chief equity stategist at Stifel, says he is not a bear, but the upward trend in stocks won’t continue.  He predicts a leveling out of prices in 2014.

Meanwhile at JPMorgan Chase, the  chief equity strategist predicts rising stock prices for at least another  year.

Blogger Toby Connor of Gold Scents says the market is ripe to reverse and appears to be in a bubble of overvaluation caused by the Fed. Connor recommends individuals save their money until stock prices correct and buy low.

At the end of November, 2013, the Standard & Poor’s 500 stock index was up by 25.4 percent and topped 1800 for the first time. It posted 36 record closes, the most since 1998.

The average year-end price target of 13 strategists polled by Bloomberg Businessweek was 1890. By now, we know whether they hit the target or not. Either way, the S&P did very well in 2013. He predicts a 13 percent gain in 2014.

Bannister predicts that the S&P will stand at 1750 at the end of 2013. John Stoltzfus, chief investment strategist at Oppenheimer, was positive. He says the stock market will receive support from the ongoing migration of investors’ cash from bonds to stocks. And stocks are more attractively priced than bonds. He expects the S&P 500 to grow profits at 5.5 percent in 2014.

Stoltzfus doesn’t believe the Federal Reserve’s bond-buying program, or quantitative easing (QE) is responsible for 2013 stock market gains and  says it just primed the well of the U.S. economy. He says the market will be able to avoid relapse when the Fed starts dialing back on its stimulus.


Can’t afford to hire an MBA to grow your business?

A massive corporation can pick up the phone and call its Nerd Department and have 20 guys in blue jeans working a computer project in a hour.

In small business, a problem like that probably means the boss has to learn a new skill. Unless…

Unless the boss takes advantage of the fantastic new resources online that offer help from pointy headed nerds and MBAs for not so much money.

These days you can contract with an MBA to price your products, draw your logo, or do a variety of business calculating including  financial modeling, competitive analysis and marketing for a fraction of what a consulting company would charge.

One of the new companies is Skillbridge. Two-thirds of the 300 freelancers listed on Skillbridge have an advanced degree. To get listed on Skillbridge, professionals submit their resumes to be evaluated. When a company lists a job, the site comes back with a list of specialists who have been singled out because of their experience. Companies pay a commission of 10 to 20 percent.

For smaller companies this is gold.  One company estimated that a small consulting company would have charged him $20,000 for work don in 35 hours by a Skillbridge MBA for $1,500.

Their services are especially popular with startups, small businesses, and companies on lean budgets.

The companies can choose someone who is hyper specialized and work with them only for the exact amount of time they need.

HourlyNerd charges $25 to $75 an hour to rent out one of their investment bankers, MBAs or nerds.

For even lower prices, try for contractors based around the world.


Selecting the right property management firm

Selecting the right property management firm is the best way to protect your commercial real estate investment.  The broker of our office and partner has over fourteen years in property management and in excess of 39 years in bookkeeping/management.  GTK has years of experience in our office team waiting to represent you.

Currently, GTK’s management portfolio has over 2 million square feet in the Anchorage Bowl and working to expand into the Matanuska-Susitna Borough. GTK takes care of budgeting, invoicing, collections, lease renewals, tenant improvements, customized reports, property inspections, pass-through calculations, accounts receivable, accounts payable as well as paying mortgages and hand delivering tax payments to the MOA, just to list a few of our services.

Our reports are delivered to our owners no later than the 15th of each month with a detailed variance report describing the changes in costs or budget overages. We create Reserves within the owner’s specific accounts for taxes, insurance, improvements, major repairs, and advise in writing monthly where those numbers stand as well as any recommended changes.  As an added benefit to our clients, we track annual property tax assessments and will alert you if any increases seem extraordinarily high to recommend appealing the assessment.

On the maintenance side, GTK works with several companies that give us below-industry rates. By outsourcing the maintenance, we give the assurance of no conflicts of service by an in-house company. In addition, we personally answer our telephones 24 hours a day, seven days a week so we know what is going on with each property and can respond promptly.

GTK Commercial provides assistance with our commercial real estate professionals to help you to find new tenants at market rates, sell your property or assist you in selecting new real estate investments to increase your portfolio.

This is just a brief overview of what GTK Commercial can and will do for you.  Our management style is to be the mediator between the Landlord and the Tenant, making certain both parties get the best service available.

We welcome the opportunity to meet with you in person to discuss how we may become your representative.

All information is deemed reliable, but is not guaranteed. Interested parties are advised to independently verify all information contained herein.