Our Thoughts

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August 2019 Monthly Insight – How Long Do You Plan To Live?

Posted by on Thursday, August 1st, 2019 in Estate Planning, Investing, Monthly Insights, Personal Finance, Retirement, Uncategorized, Wealth Management | 0 comments

“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 clients, are retired or within a few years of retirement.  Further, those who are nearing retirement are looking forward to 30+ years of retirement.  In other words, we must plan for ever-increasing costs of essentials, travel, and healthcare over a 30-year period. One...

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July 2019 Monthly Insight – Record Setting Markets, U.S.-China Trade, and more!

Posted by on Monday, July 1st, 2019 in Business, Investing, Market and Economic Updates, Monthly Insights, Wealth Management | 0 comments

“It’s tough to make predictions, especially about the future.” ― Yogi Berra, Major League Baseball player, manager, and Baseball Hall of Fame member We’ve all heard it said: “Records are made to be broken.” We celebrate record-breaking winning streaks from our favorite teams. Conversely, we hope to avoid a long string of losses. The bull market that began in 2009 is not the best performing market since WWII. That title still resides with the long-running bull market of the 1990s. But it is the longest running market since WWII. In the...

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June 2019 Monthly Insight: Recessions Happen, but Likely Not Soon

Posted by on Friday, June 7th, 2019 in Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | 0 comments

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 colonists, “A recession is coming! A recession is coming!” Well, that’s not quite the story, but given the seemingly non-ending talk about a recession, you might think that economists are channeling Paul Revere’s midnight ride.  Yes, a recession is eventually inevitable, but is...

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May 2019 Monthly Insight – Is Market Volatility Your Friend?

Posted by on Wednesday, May 1st, 2019 in Investing, Monthly Insights, Personal Finance, Wealth Management | 0 comments

“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 buy, sell, and switch into and out of mutual funds over short- and long-term time periods. The 25th Annual QAIB was recently released and the results show the average investor earns less, and sometimes much less, than the actual mutual fund performance they invested in. In...

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April 2019 Monthly Insight – Expect the Unexpected

Posted by on Monday, April 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“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 headline in TheStreet.com summed it up well: “Dow Gains on Last Day of Worst December Since the Depression.”  Even a 7% bounce in the final week of the last year didn’t prevent a performance that was compared to the early 1930s.  When the S&P 500 Index...

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