... albums were just about perfect. Anyway, here’s a Tuesday morning toast to JB. He's most certainly resting in peace.
Snippets from Bespoke…
- The national average of a 30-year fixed rate mortgage is ...
... than that but there isn’t.
If I’m managing your portfolio I’m looking at it daily and making necessary adjustments. Even if I’m not managing things for you, let me know and we can find time to chat about ...
... transaction is one of these seemingly invisible things. It just happens. In the past the process has taken several days and sometimes weeks, but a recent change going into effect today is making the process ...
In recent weeks we’ve talked about how investor expectations around the Fed and interest rates have helped disturb markets this quarter. Just last week the “Magnificent Seven”, large and popular tech stocks ...
... and that doesn’t seem to be changing anytime soon. Of course I’m kidding around a bit because I do love this stuff – it just sometimes feels like a feedback loop.
What does change, however, are the assumptions ...
... a paper check into a Schwab branch (assuming that’s where your account is) and have them deposit it for you. Get a receipt showing the deposit date just in case there’s a question later.
However, Schwab ...
... performed so far this year:
US Large Cap Stocks: up 10.6%
US Small Cap Stocks: up 5%
US Core Bonds: down 0.7%
Developed Foreign Markets: up 6%
Emerging Markets: up 2.2%
As I just mentioned, ...
... spots, such as I just referenced about the importance of personal connections, but it was tough reading a big-picture analysis of how somber the mood is among our young people, at least on average. I don’t ...
... stalled, the tide of sentiment at the extreme has turned from “inflation is going back to 2%” to “inflation is going to have a second wave higher just like it did in the 1940s and 1970s”.
Looking at ...
... earlier that day, had to work extra hard to keep the boat straight. It was a grind. Numerous justifications for quitting coursed through my mind. Hey, there are city lights over there… maybe let’s quit ...
Before we delve into today’s post, just a heads up that I won’t be posting next Monday as I’ll be out of the office.
On to this week’s post…
We’re getting deeper into tax season and that’s stressful ...
Contrasting narratives about our strong economy post-Covid continue to mystify just about everyone. From the Federal Reserve on down it’s been interesting to watch how forecasts and opinions evolved over ...
... your own taxes when they’re “simple” and paying someone when your details are “complicated” – how helpful is that when it’s all complicated? And just because we want to do something doesn’t mean that we ...
... it’s an adjustable loan that you don’t intend to keep long-term. If so, maybe your financial situation has changed enough that you could refinance your loan instead of recasting. A good mortgage broker ...
...
Anyway, when I look in my system I now see dozens of different investment funds related primarily or entirely to bitcoin including the 11 physical ETFs just approved by the SEC. These funds are referred ...
... Schwab do seem a little dour, or perhaps just realistic, about our economy and the markets this year. Factors impacting this could be the declining financial health of consumers that has been showing up ...
The fourth quarter (Q4) of 2023 was an about face from the first nine months of the year. Just about every asset class was up almost the whole time and investors were optimistic. This, after investors ...
... Services sectors have done very well this year so profits could be taken from there too. Your profits could be added to your bond funds or, assuming you were just rebalancing stock investments, to your ...
... can raise interest rates just enough to slow the economy and reduce inflation without causing a recession, it has achieved what is known as a soft landing. But there is no official definition of a soft ...
... what loss harvesting is all about.
Say you invested $10,000 in a bond index fund that’s now worth $8,000, for a $2,000 unrealized loss. This is a core holding and the fund is high quality, it’s just ...