Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes

Some Thoughts on Charlottesville, White Supremacy, and Race in America

Posted by on Friday, September 1st, 2017 in Monthly Insights | 0 comments

As many of you know, I am a graduate of the University of Virginia. I applied to UVA because I am an ardent fan of Thomas Jefferson (or Mr. Jefferson, as we say at the University) and his philosophy of government. I also fervently believe in the American Creed as defined by Jefferson in the Declaration of Independence: We hold these truths to be self-evident, that all men are created equal, that they endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness—that to secure these...

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August 2017 Monthly Insight: Social Security Trust Funds: Financial Trouble Ahead…Maybe

Posted by on Thursday, August 3rd, 2017 in Investing, Monthly Insights, Retirement | 0 comments

“We put those payroll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions… With those taxes there, no damn politician can ever scrap my social security program.” -President Franklin Roosevelt, as quoted by historian Arthur Schlesinger Jr. Social Security Trust Funds: Financial Trouble Ahead…Maybe On July 13, 2017, the Trustees of the Social Security insurance trust funds released their 2017 Annual Report. The report’s true purpose is to notify Congress of the funds’...

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July 2017 Monthly Insight: On the Importance of Ignoring Distractions and Financial Literacy

Posted by on Friday, July 7th, 2017 in Investing, Monthly Insights, Personal Finance, Wealth Management | 0 comments

Ignore the Distractions Beyond last month’s synopsis regarding how the markets are reacting to Washington, we’ll stay out of the political weeds and let you form your own opinions. The current environment in Washington is generating an enormous amount of political uncertainty. But, political and international uncertainty has yet to generate economic uncertainty. Hence—and this is important—it really is about the economy. We were told by the pundits that political gridlock and any unraveling of Trump’s tax cut and infrastructure agenda would...

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June 2017 Monthly Insight: Uncertainty, the Trump Agenda, and Stocks

Posted by on Monday, June 5th, 2017 in Investing, Market and Economic Updates, Monthly Insights | 0 comments

Only a strong economy can create higher asset values and sustainably good returns for savers. — Ben Bernanke, former two-term Chair of the Federal Reserve Uncertainty, the Trump agenda, and stocks There was no shortage of angst in the investment community that a Donald Trump victory in last year’s election would send shares down sharply, at least in the immediate aftermath of a Trump win.  In reality, just the opposite happened, with stocks surging in the wake of his surprise victory.  The pre-election-day conventional wisdom didn’t pan out. ...

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May 2017 Monthly Insight – Creating a Legacy Plan for Your Social Media Accounts

Posted by on Friday, May 5th, 2017 in Monthly Insights, Personal Finance, Wealth Management | 0 comments

“Your story is the greatest legacy that you will leave to your friends. It’s the longest-lasting legacy you will leave to your heirs.” —Steve Saint Maybe you’ve seen a lighthearted infographic, widely circulated on the internet, which attempts to explain social media through donuts. Minus the donut photos, it goes something like this: Social Media Explained Twitter – I’m eating a #donut. Facebook – I Iike donuts. LinkedIn – My skills include donut eating. Pinterest – Here’s a donut recipe. Foursquare – This is where I eat donuts. Last FM –...

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