Write three hundred words on taxes; that’s what they told me. Just to be clear, according to Taxfoundation.org, the tax code is almost 4 million words. To put that in perspective, the Bible has approximately 750,000 words. Further, between the years of 2001 and 2012, the code changed 4,680 times. Let me boil 300 words down to three letters: C.P.A. As a CPA myself, and having worked with some of the...
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Health Savings Accounts (HSAs) have grown tremendously in the last 10 years. The basic use is to set aside money for qualified medical expenses in a separate savings account, and then use the funds as needed. You can read all about HSAs here. What I want to touch on is some of the major benefits and some strategies for people who are concerned about future healthcare costs. ...
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For an excellent read from renowned investment guru Larry Swedroe click here. Only argument I have is in the title. These were lessons “re-learned” (or re-taught) in 2015, so take heed as we digest a bumpy start to 2016. Stay diversified....
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2015 proved a frustrating year for many investors, and a test of their patience. Full-year returns ranged from +6% in foreign small companies to minimally positive US large-cap stock and US bond positions, to downright ugly in emerging markets; volatility was prevalent across nearly all asset classes. Developed foreign markets performed better than domestic markets through the first half of the year, but fell off more steeply in the second half,...
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In our work as investment managers for our clients (and ourselves), our objective is to construct portfolios built on academic research in an effort to provide a high probability of investment success. The result of this evidence-based approach is a tilt toward small and value stocks in the equity portion of our portfolios. These asset classes have demonstrated strong return premiums over long periods of time and in countries around...
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