“A stumbling block to the pessimist is a stepping stone to the optimist.” - Elenore RooseveltAfter a fabulous January, the stock market indexes we follow pulled back last month. Overall, the losses were manageable and not unexpected, all things considered. The worst of the damage was in the Emerging … Read More
Monthly Stock Market Review – January 2023
"You must learn that the market is a discounting mechanism and that stocks sell on future and not current fundamentals." – Stan WeinsteinAfter a terrible year for investors, January returns were robust across the board. All of the major stock market indexes we follow were up at least 7% (with the … Read More
Stock Market Outlook 2023
The average return for the US stock market since 1926 is 10%. The bond market has returned 5% per year over the same time. Those are great statistics, which are also kinda meaningless to us as investors. Can you name one person who’s been invested since 1926? Neither can we. During the past almost … Read More
How to Decide Between A Traditional 401(k) and Roth 401(k)?
We increasingly work with younger clients who are offered both a traditional 401(k) and a Roth 401(k) by their employers. They know that investing in either plan is a smart way to lay the foundation for their retirement yet they still often ask “what is the real difference between the two options?” … Read More
Why Your Tax Advisor and Financial Advisor Should Work Together
Personal finance is a subject many of us don’t spend much time thinking about. We might have an accountant who prepares our yearly tax returns and a financial advisor who guides us with our investments. An attorney may assist with issues such as a home purchase and setting up a basic will. Later in … Read More