Cryptocurrency: What is the Value?


It seems as though nearly every conversation of late with an investment professional gets around to raising the topic of Bitcoin or some other alternative Cryptocurrency at some point in the discussion. As a result, it’s probably worth exploring the issue in a little bit of detail.   As a firm, we have chosen not…

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Addressing the Tax Concerns of Concentrated Stock Positions


One of the more challenging financial planning concerns that often comes up is the concentration risk of too much money in a specific stock that has a very low tax basis.   Investors are often torn between the risk of holding too much in any one company, and the potentially large tax bill that can come…

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Savings Options in a Near Zero Interest Rate Environment


Not long into the 2008 financial crisis, the Federal Reserve among other policy responses dropped short-term interest rates to zero.   After nearly a decade of anemic economic growth, we finally started to see enough economic activity that the Fed began increasing rates.  Unfortunately, as we all know the government lockdowns caused a severe contraction to…

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Value vs Growth: Which is Better?


Value stocks vs Growth stocks, which is the better investment?   The debate between value investing as opposed to growth investing is an ongoing one.  Which is better depends on from which point in time you ask the question.   It’s first important to understand what the difference between the two investment categories are.   Value Investing…

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What is My Rate of Return?


When questioning your rate of return, the answer seems like a simple one to a simple question.  However, like most financial matters, the answer is never as simple as it seems.   There are actually various ways in which the rate of return of an investment is measured.   One such method is what is called…

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Asset Class Diversification: Why it Matters


The concept of asset allocation was made famous by the economist and Nobel laureate Harry Markowitz and his introduction to Modern Portfolio Theory (MPT).  The principle idea behind MPT in simple terms is the notion that an investor can maximize their returns within a given level of risk with the use of multiple asset classes. …

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Sequence of Returns: A Substantial Risk to Retirees


There are certain constants in life that we all assume as part of our day to day lives.  Among them are death and taxes.  We also presume that it will always be the case that 7 – 6 = 1.  While this is true in math class, it is not always the case in financial…

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The Greatest Risk to Investment Success: Emotional Reactions


In the midst of the recent market volatility related to the global shutdown due to corona virus, investors often become understandably emotional.  Unfortunately, emotional responses are never wise when it comes to making financial decisions.  This is especially true as it pertains to your investment portfolio.  However, we think it’s important to address some of…

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Market Corrections: How Much Impact Do They Have?


As investors work their way through the latest round of market volatility, this time driven by the recent fear of the “Corona Virus”, a number of fears often arise from investors.  Questions such as: Is it different this time? Do I have time to recover now that I’m retired? How long does it take to…

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The SECURE ACT: How it May Impact You


On December 20th President Trump signed into law the SECURE ACT, a bill which received a significant amount of bipartisan support in the United States Congress.  The new legislation makes some significant changes that impact retirement plans for all Americans.   Like all legislation, there will be pros and cons, and ultimately it will have some…

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