Monthly Insights

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

January 2020 Monthly Insight – Securing the SECURE Act

Posted by on Wednesday, January 1st, 2020 in Estate Planning, Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“I am prepared for the worst, but hope for the best.” – Benjamin Disraeli, British statesman and novelist On May 23, 2019, the U.S. House of Representatives, in a near-unanimous vote of 417-3, passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act.  The SECURE Act contained significant changes to retirement accounts, required minimum distributions (RMD), and inherited IRAs. A few days later, on June 3, 2019, the House submitted the legislation to the Senate, where it languished until December 19, when the...

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December 2019 Monthly Insight – Money Talk With The Family

Posted by on Sunday, December 1st, 2019 in Estate Planning, Investing, Monthly Insights, Personal Finance, Wealth Management | 0 comments

“It was impossible to get a conversation going, everybody was talking too much.“ —Yogi Berra, Major League Baseball player, manager and Baseball Hall of Fame member You’ve heard it said before—never discuss religion and politics. It’s easy to understand why. Some folks hold very strong opinions, and it’s easy to get swept up into an unwinnable argument. Interestingly enough, though, politics and religion aren’t considered the most difficult subjects to tackle.  According to a 2014 study, personal finances (44%) ranked ahead...

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November 2019 Monthly Insight – Volatility Can Be Spooky

Posted by on Friday, November 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“Stay in your seat come times of trouble. It’s only people who jump off the roller coaster who get hurt.” – Paul Harvey, American radio broadcaster for the ABC Radio Networks Over the last five years you have received our Monthly Insight letter.  The purpose of this communique is to explain investment principles, educate the reader on how The Nalls Sherbakoff Group views investing and the market, and illuminate you on investor behaviors—specifically, on those cognitive biases that lead investors to make inappropriate decisions at...

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October 2019 Monthly Insight – The Economy Amidst Political Drama

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

“Markets typically like gridlock in D.C.” –Joseph Song, U.S. economist at Bank of America Merrill Lynch Headlines On September 24, Speaker of the U.S. House of Representatives, Nancy Pelosi, officially called for an impeachment inquiry into President Trump. Although recent economic indicators have stoked fear of a weakening U.S. economy, it appears that investors aren’t worried the impeachment inquiry against President Donald Trump will tank markets. Political drama seldom alters economic fundamentals. But it can influence...

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September 2019 Monthly Insight – Economic Trees

Posted by on Sunday, September 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Uncategorized, Wealth Management | 0 comments

“Come to the woods, for here is rest. There is no repose like that of the green deep woods. Sleep in forgetfulness of all ill.” -John Muir, advocate for the preservation of wilderness in the U.S. known as the “Father of the National Parks The Economy On July 31, the Federal Reserve reduced the fed funds rate by ¼% to a target rate of 2.00 to 2.25%. It was the first rate cut since the financial crisis. Going forward, guidance was vague. While Chairman Powell left the door open to at least one more rate cut, it’s not assured. The...

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