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Highlights With a gain of 11.0% in the fourth quarter, the S&P 500 returned 28.7% in 2021. Growth stocks outperformed value stocks by 5.1% in the quarter and 7.1% for the year. The U.S. Aggregate fixed income index was flat for the quarter and returned -1.5% for the year. The Federal Reserve’s preferred measure of […]
Highlights With a gain of 0.6% in the third quarter, the S&P 500 has now returned 15.9% in 2021. Growth stocks outperformed value stocks by 2.8% in the quarter. The Barclays Aggregate fixed income index returned 0.1% as interest rates were largely stable. Inflation continued strong, with the Fed’s preferred measure rising 4.2% in the […]
The following discussion is one that I believe many will find frustrating. Over the summer of 2021, private information was leaked to the public regarding famed entrepreneur and venture capitalist, Peter Thiel. Chiefly, that he has amassed a Roth IRA with a balance exceeding $5 billion dollars – yes, billion with a B. He did […]
The house has proposed a new tax bill on September 21 that has some big implications. Here’s an update with key takeaways and information!
If you have a health savings account (HSA), you know that it’s advertised purpose is to pay for out-of-pocket medical costs. However, it may surprise you to learn that this account can function as an excellent retirement savings vehicle, too. First, what is a Health Savings Account (HSA)? HSAs are accounts available to those with […]
What’s a Great Stock to Buy Now? I get this question a lot when people I meet hear that I am in wealth management. No doubt they are expecting me to reply with a name such as Apple, Amazon, Tesla or the hot stock du jour. My typical reply, anticlimactic though it is, usually sounds […]
Highlights Adding to its 6.2% gain in the first quarter, the S&P 500 returned 8.6% in the second quarter. Growth stocks outperformed value stocks by 6.9% in the quarter. The broadest measure of the fixed income markets returned 1.8% as interest rates fell. Inflation surged, with the Consumer Price Index rising at a 5.0% rate […]
The answer is probably no. In most employer life insurance plans, the death benefits offered are usually close to one year’s salary. If you are a highly compensated individual, you may be lucky and have coverage that is a multiple of your annual salary – typically anywhere from 2 to 5 years. But let us […]
Restricted Stock Units (RSUs) are shares of company stock promised to employees upon completion of certain performance or tenure metrics. They are simply another form of compensation awarded by employers to incentivize the employee’s loyalty and efforts towards growing the company. In practice, RSUs are awarded almost exactly like employer stock options. Either at the […]
In 2020, an estimated 73% of Americans gave money to charitable causes. Quite frankly, that figure is higher than I anticipated when I began researching this blog post. Even more impressive, that is the lowest percentage of the 21st century (not too surprising given the difficult financial circumstances of the last year). The average figure […]