facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search brokercheck brokercheck

Financial Resources & Insights

Our Sixth Principle | Careful Use of Diversification

Diversification, in the sense that we are interested, is defined by the NASDAQ Online Glossary as “Investing in different asset classes and in securities of many issuers in an attempt to reduce overall investment risk and to avoid damaging a portfolio's performance by the poor performance of a single security, industry, or country”. Sounds reasonable, but surely, we are not expected to believe that an indiscriminate amorphous blob of diversification is the right amount.

Read More
%POST_TITLE% Thumbnail

What Rising Rates Could Mean for Your Money

After years of keeping the benchmark federal funds rate at historic lows, the Federal Reserve has been raising it gradually. Near-zero rates were an emergency measure, and gradual increases reflect greater confidence in the U.S. economy. However, rising rates can affect you as a consumer and investor.

Read More
%POST_TITLE% Thumbnail

Donor Advised Funds: A Strategy for Giving

Charitable gift planning has increased in importance due to the current tax landscape.  Donor Advised Funds are one of several strategies you can work with your advisor to explore and create opportunities for increasing effectiveness of your giving while minimizing income taxes.

Read More

Our Fifth Principle | Think Long Term

When it comes to important financial decisions, it always feels like we should do something, but as Charlie Munger said: “The big money is not in the buying and selling … but in the waiting.” By designing repeatable processes, controlling our emotions, and putting the wind of time to the back of our sails, we maximize our potential to reach and surpass our goals.

Read More
%POST_TITLE% Thumbnail

IRS Shuts Down State Tax Workaround

The IRS has released proposed regulations that would shut down some suggested workarounds for the new $10,000 limit on the deductibility of state and local taxes (SALT). The new guidance would close the door on a strategy offered by some states to circumvent the deduction limit by attempting to turn the taxes paid into charitable contributions not subject to the same cap.

Read More
%POST_TITLE% Thumbnail

Changing Market: Municipal Bonds After Tax Reform

January is typically a strong month for the municipal bond market, but 2018 began with the worst January performance since 1981, driven by rising interest rates and uncertainty over changes in the Tax Cuts and Jobs Act. The tax law changed the playing field for these investments, which could affect supply and demand.

Read More
%POST_TITLE% Thumbnail

Our Fourth Principle | Maintaining Adequate Liquidity

It is imperative that we maintain adequate liquidity to provide for our needs during good times and bad. There is a certain amount of freedom granted by having set aside ready cash so that during times of emergency we are not left to count on the kindness of friends or strangers.

Read More