Yield Curve Signals and Timing

We will finish the series on the value of a fiduciary in the coming weeks but we will pause to comment on the market activity. The stock market has been up in four of the last five weeks. On Friday, the S&P 500 closed at 2,779.66, up 7.7% from the correction low close of 2,581.00 […]

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The “Senior Safe Act”

Financial exploitation of our senior citizens is a growing problem. To some extent, seniors are targeted because that’s where the money is. However, the decline of cognitive ability in the older population also may be a factor when scamsters consider whom to go after. Financial professionals—bankers, brokers, insurance agents, and trustees, such as us—are on […]

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Do I Need a Fiduciary? (Part IV)

Step #4 begins the process of portfolio allocation. Without going into great detail, the following is a simple overview of the three major asset classes. A review of the historical returns from each asset class along with the corresponding historical business cycles, debt cycles and inflation levels are useful to attempt realistic assumptions of future […]

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Wealth and Longevity

You don’t have to be rich to live a long life, but it helps.  Crain’s Wealth recently summarized several surveys on the subject.  Some of the takeaways: According to an AMA study, the richest 1% of women live more than 10 years longer than the poorest 1% of women. For the men, the difference is […]

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Do I Need a Fiduciary? (Part III)

After establishing and prioritizing the importance of well-defined goals, we will turn our attention to creating a personal financial statement and budgeting for attainment of current and future objectives. The next stage is an assessment of the types of savings and investment plans or accounts available. A primary difference among the account types available is […]

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