"The oldest old—people age 85 or older—constitute the fastest growing segment of the U.S. population… And living to 100 is becoming increasingly commonplace." – National Institute of Aging, U.S. Department of Health & Human Services A large majority of you, our...
I’ve heard there’s going to be a recession. I’ve decided not to participate. --Walt Disney Defining a recession Henry Wadsworth Longfellow’s poem, “The Midnight Ride of Paul Revere,” retells the story of a patriot who shouts a harrowing warning to his fellow...
“The only discipline that lasts is self-discipline.” Bum Phillips--American football coach at the high school, college, and professional levels Since 1994, DALBAR’s Quantitative Analysis of Investor Behavior (QAIB) has measured the effects of investors’ decisions to...
"It belongs to the imperfection of everything human that man can only attain his desire by passing through its opposite." --Soren Kierkegaard, Danish philosopher, theologian, and poet Bright start to the new year First, let’s take a look back at December. A...
Having a will is necessary, but there is a great deal of information the legal document does not include. Here’s what to cover in a supplemental letter that specifies preferences, discloses critical logistic info, and will save your family significant stress during a...
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently."— John Bogle, founder of Vanguard and...
When was the last time you examined your will or trusts? How about power of attorney or plans to gift assets? Under the new tax act, only eight per 10,000 estates will owe federal estate tax—at least until the act sunsets. That means everything needs to be reviewed....
“Come what may, all bad fortune is to be conquered by endurance.” --Virgil, Roman poet, born 70 B.C. We hope your 2019 is off to a rousing start. Whether you reached your personal goals in 2018, faced challenges, or are looking for a 2019 reboot, let’s take a moment...
“You’d be making a terrible mistake if you stay out of a game you think is going to be very good over time because you think you can pick a better time to enter it.” Warren Buffett General Principles It is worth restating, even in the context of a letter primarily...
If you are struggling to understand the new tax act and how it will affect you, so are millions of American families! Indeed, there is both good and bad news. With about 60% of the tax cuts going to families, according to the federal government, you need to understand...