Recent Articles

Investing & Economic Commentary

You may have noticed an unusually large number of trade confirmations from Schwab lately and be wondering what trades are being made in your accounts and why.
With stocks sharply selling-off over the last several weeks, we are looking for opportunities to add exposure to high-quality names at discounted prices. Consistent with this strategy, we have recently added Microsoft Corporation (MSFT) to portfolios.

Financial Planning

This is a letter that I began composing back in 2008, and I was absolutely surprised at the positive responses received from clients. There are some new items for 2020 (primarily retirement and estate planning issues affected by the recently passed SECURE Act), but I have kept the framework the same because the basics really never change. It’s resolution time, so here we go again!
The SECURE Act was a certainty early in the year but seemed to die off over the last few months. However, the budget bill did include this act, which was signed into law on December 20, 2019.

Market Recap

Scott Kays, CFA, CFP®

December 7, 2018

This year has been a tough one in a lot of ways for investors. For most of the year, the major indices were showing gains, but this masked a lot of turbulence going on under the surface.

Most people use the S&P 500, which consists primarily of large U.S. companies, as their reference for how the stock market is performing. The S&P 500 is a capitalization-weighted index, meaning the larger the company, the bigger its influence on the index’s return.

While domestic and geopolitical concerns continued to make daily headlines, the major stock market indices experienced another positive quarter. The 3rd quarter extended the upward momentum, allowing equity investors to continue enjoying solid returns for 2017.