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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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Last Will & Testament: Add a Letter Covering These 14 Wishes

Posted by on Tuesday, March 12th, 2019 in Estate Planning, Personal Finance | 0 comments

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 difficult time. Click the thumbnail below to read and download the full...

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March 2019 Monthly Insight – The Fundamentals Eclipse the Negative Headlines (and a tribute to the late Jack Bogle)

Posted by on Saturday, March 9th, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“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 inventor of the index fund The steady diet of concerning headlines from around the world has been unsettling for most Americans, regardless of where they sit on the political spectrum.  We know equity markets loathe heightened uncertainty.  What is...

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