At the beginning of 2017, a common view among money managers and analysts was that the financial markets would not repeat their strong returns from 2016. Many cited the uncertain global economy, political turmoil in the US, implementation of Brexit, conflicts in the Middle East, North Korea’s weapons buildup, and other factors. However, equity markets…Details
Todd Schanel, CFA, CPA, CFP and Jackie Goldstick, CFP
Many people mistakenly believe that investment management is simply selecting the investment or combination of investments that will generate the highest yield or highest long-term return. In reality, sophisticated investment management is actually much more complicated than that as it integrates several interrelated components of which specific investment selection is only one facet. Portfolio Construction Coordinate…Details
As much as we would prefer a world where doctors could focus exclusively on addressing our health care questions strictly according to our highest interests, we know that reality is less rosy. Best intentions are often complicated by multiple parties, conflicting incentives and confusing costs. The more informed you are of any undisclosed motivations – who is compensating whom, and how – the better your choices can be when deciding to whom to turn for your family’s quality medical care.Details
It’s hard to think all the way back to January 2016, but the year began with a bit of a shock when US stocks had their worst start in history. Then came the Brexit vote in June, when non-US Stocks dropped approximately 7% over a three week period. And then came the US Presidential election, when US stocks dropped approximately 5% in the weeks leading up to the election.
But by the end of the year, those investors who stayed the course saw positive returns across the board.
PATIENCE, n. A quality apparent among such lower life forms as snails and tortoises but rarely among humans who invest in financial assets. [Jason Zweig, The Devil’s Financial Dictionary] When we discuss the importance of disciplined investing with our clients, we tend to emphasize how critical it is to stay invested in the midst of…Details
Investors seem to love dividend paying stocks. The appeal of these stocks rests largely on the idea that a dividend paying stock allows an investor to collect income while leaving the principal intact. Safe, easy money, right? Not quite. The first thing to recognize about dividends is that the when a company makes a dividend…Details
When it comes to investing, we can often be our own worst enemy. That is because oftentimes, we allow our emotions to impact our behavior. Our emotions are fueled by what we read and hear in the media. The more emotional we become, the more likely we are to act and the actions we take…Details
In today’s climate of one-page financial plans, bargain-basement fund pricing, automated investment tools, and pundits inundating you with their “expert opinions”, it seems like “advice” is being thrown at you from every direction. This begs the question, do you even need a financial advisor anymore? If the advisor is providing financial advice that is focused…Details
The financial press had a field day with headlines in 2015. In the fourth quarter alone, we were greeted with news stories about plummeting oil prices, a sharp slowdown in China, and the first Fed interest rate hike in more than a decade. At one point during the year, the S&P 500 was down 12%…Details
The 2016 budget bill signed into law by President Obama on November 1st, 2015 included several changes to how social security benefits can be claimed. First, let’s review some of the Social Security basics. Prior to the new budget bill going into effect, a Social Security participant could claim a reduced benefit as early as…Details