Spoiler Alert: “Over the long run, the market has provided substantial returns regardless of who controlled the executive branch. “ Continue Reading...
Does the blame fall on an account owner, when his or her account is deemed abandoned? Absolutely. Should that account owner be penalized for a mistake made thousands of times every year, across the country? Absolutely not. In this instance, the punishment does not fit the crime and the consequences are by all sense of reason, irreversible. Continue Reading...
Today, we remember a beloved social security planning strategy. File and Suspend died on November 2, 2015 after a long battle with the Bipartisan Budget Act of 2015. Throughout its lifetime, File and Suspend built an esteemed reputation as a planning strategy for couples, where one spouse chose to work past full retirement age. Continue Reading...
You don’t care about my car problems, I know that. But this month’s market turbulence is akin to my month of car trouble. As I write this, the S&P 500 is down about 7.5% since January 4th. (The first trading day of 2016) Headlines are blaming the slide on declining oil prices and slowing economic growth in China, among other triggers. Instinct says, it’s time to unload the equities in my portfolio for something more predictable. However, logic speaks to the contrary. Continue Reading...
Through no fault of our own, we are inundated with commentary.Today, the latest sound-bite, headline, or cover story feels like it carries more weight than time-tested knowledge. With so many distractions competing for our attention, it is all too easy to overlook scrutinized insights, like Dr. Fama's research, in favor of the most recent ‘10 Hottest Funds’ list. So the question becomes, ‘do you have an investment philosophy, or do you react to a good sales pitch?’ Continue Reading...