Our Commentary

Retirement plans, 401k, IRA, Defined Benefit Plans

The One Time a SEP-IRA Beats a Solo 401(k)

Self-employed individuals have a leg up on W-2 employees in saving for retirement and cutting their tax bills thanks to more generous tax-deductible retirement plan contribution limits on SEP-IRAs, Solo 401(k)s (also called “Individual 401(k)s”) and defined benefit plans.This piece will address the one circumstance, in our view, that individuals with income from self-employment should […]

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Federal Reserve Gives Green Light to the Stock Market

Fed Gives the Green Light to Markets

In the last three months of 2018, investors were becoming increasingly concerned that the Federal Reserve was raising rates too quickly and that higher borrowing costs would choke off economic growth that was already set to ease due to the winding down of tax and fiscal stimulus.  In December, the Fed raised its benchmark interest […]

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New Year, New Tone in Markets

In 2018, nearly all major asset classes lost value.  Overall, it was the worst year for investors since 2008. U.S. stocks managed to ignore the deteriorating returns in bonds, commodities and overseas markets for the first three quarters of the year, then finally gave in during the fourth quarter.  A toxic cocktail of negative macro […]

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A Crisis of Confidence

As the year winds down, investors are suffering a crisis of confidence brought about by a confluence of factors that is seemingly causing a buyer’s strike in the markets.  For the first time since 2008, all three major U.S. market indexes (Dow, S&P 500, NASDAQ) will end the year in the red. The declines for […]

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Markets Not In a Festive Mood

While 2018 was progressing well for most investors as recently as September, it is ending in disappointment.  It’s not so much that the year-to-date declines are horrendous, but more that the declines off peak prices three months ago are significant and that there were very few places to generate positive returns.  Investors with portfolios diversified […]

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