Our Commentary

Financial market update

Markets a-Twitter Over Trade

The third quarter of 2019 was more eventful than average for the usually sleepy summer period.  Investors have lately been very concerned about trade and whether the knock-on effects of slowing global trade will come home to weigh on the U.S. economy.  They seem to have one eye on the markets and the other on […]

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Financial planning

Helping Your Children Master Money

In my humble opinion, there have been few periods in history in which investing and taxation have been more complex. Tax brackets, deductions, credits, exemptions, stocks, bonds, mutual funds, Exchange Traded Funds (ETF), options, derivatives, and on and on it goes.  Heck, most adults don’t even understand this stuff, so how are we supposed to […]

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How to (Potentially) Neutralize Your Coming Mutual Fund Tax Bill

If you own actively managed mutual funds in taxable accounts (something we don’t normally recommend), you may have an unpleasant surprise brewing: a big capital-gains tax hit when your funds make their annual distributions (usually in December).  A particularly unpleasant feature of being a mutual fund shareholder in a taxable account is that you get […]

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Are You Prepared for a Financial Emergency?

After recently reading an article about the damage and disruption caused by Hurricane Dorian, I think it’s an opportune time to discuss planning for financial emergencies.  One of my favorite quotes and one that is certainly appropriate for this topic comes from the great French biologist, Louis Pasteur: “Fortune favors the prepared mind”.  As with […]

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Are U.S. Interest Rates Headed to Zero?

A Bizarre Financial LandscapeIf you walk into Jyske Bank A/S in Copenhagen in search of attractive terms on a 10-year mortgage, you will find them.  Last month the bank, Denmark’s third largest, launched a mortgage with a negative 0.5% yield. This means the bank will effectively pay you 0.5% per year to get your mortgage loan […]

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trade war

Investors Tiring of Trade War

Trade Punches Hit Global StocksJust three weeks ago, U.S. stocks were hitting all-time highs.  Since then, however, they have taken a turn lower as trade relations with China have turned combative.  Even a more accommodative Federal Reserve, which lowered the Fed Funds interest rate by 0.25% on July 31, has not been able to mollify […]

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