... Israeli shekel. What is more concerning for risk assets is the potential spillover to conflict against Iran. Hamas claimed on Sunday that Iran helped plan the attack on Israel, with the IRGC [Iran’s armed ...
... for longer than anticipated. This theme was prevalent during the quarter and helped push down market sentiment.
Here’s a roundup of how major markets performed during the quarter and year-to-date, respectively: ...
... time as a financial planner I’ve encountered this question hundreds of times. While the circumstances are often different, there are commonalities that help create a rough framework for how to think about ...
... requires a lot of data that’s only available in hindsight, so we often find out we’ve been in a recession after it’s already over.
How helpful is that? I contend that whether our economy falls into recession ...
Good morning. Last week I said I’d be buying back some time by taking a couple of weeks off from posting these blogs. I’m sort of still doing that but wanted to share a few things with you anyway.
First, ...
... attempts to scam clients.
Clients may be asked to download software such as TeamViewer, AnyDesk, SOHO or Help123 to allow the fraudster to remotely access their device. Schwab/TDA will never ask clients ...
... that have an active secondary market that helps them to be easy and cheap to buy and sell. You buy I Bonds directly from the US Treasury on its website and, while not a horrible experience at any stretch, ...
... real money,” said a rep from Schroders.
Fear can be helpful when it makes us skeptical and forces us to ask questions. But fear gets irrational pretty quick and can lead us to make poor choices. That ...
Happy Tuesday. If you’ll indulge me I’ll share a bit about my paddling race last week.
At this time a week ago I was paddling down the Missouri River from Kansas City to the town of St. Charles, near ...
It's sometimes said that good friends are those who stretch and test you, help broaden your sense of what's possible. Assuming that’s true I have a friend to thank for missing this week’s blog post.
Instead ...
... the industry and helped fuel a wave of consolidation that we’re dealing with even today. Now the large custodians look very similar to each other and the differences between them are deep in the weeds. ...
... can be replacing cars every X years, or paying for that new roof you know you’ll need but don’t know exactly when. We’ll add layers of expense for self-funding long-term care or money for helping the kids ...
... beat the smallest handily, with the large-cap tech-heavy NASDAQ 100 index up 39% this year versus various small company indexes up in the mid-single digits. This large-cap bias helped the S&P 500, the ...
Since it’s a holiday I’m taking the day off from writing my blog. I’ll be back at it next week with our Quarterly Update. In the meantime, I hope you and your loved ones enjoy celebrating our nation’s ...
... from a meeting of financial planners. The last note is a little different but, as with others in recent weeks, helpful with the human side of personal finance.
Social Security and Medicare –
If you’re ...
In recent posts I’ve called out takeaways from conferences I’ve attended in the past month or so. Here are a couple more and, in the interest of brevity, we’ll look at the last few next week.
On Investing ...
... by doing so. Waiting to plan makes just about everything more expensive, so start conversations early and write things down. These documents, even of informal agreements between family members, can help ...
Well, consider that a bullet dodged. You’ve likely heard by now that President Biden signed the “Fiscal Responsibility Act of 2023” into law this past weekend. Among other things the bill suspends limits ...
Good morning and I hope you enjoyed Memorial Day. Since the late-1860s it’s been a day to remember those who died defending our great country, and sometimes while defending it from itself. Originally known ...
Should I refinance my mortgage now? That’s a question I’ve heard a few times lately so I’ll address it here too in case it might be helpful. Deciding to refinance can be complicated and too much analysis ...