Running out of money is the top retirement fear of working Americans, according to 2015 research by the Transamerica Center for Retirement Studies. That should come as no surprise, given American’s low level of retirement savings and the fact that many of us are living long lives once we reach 65.
One of our responsibilities as an investment advisor is to help you put market news in its proper perspective, especially when the media is reporting global market corrections in the wake of political events.
If you're reading the popular press, you're seeing a lot of storm and fury having to do with the election, post-Brexit curiosity and the possibility that the Fed may raise interest rates. As the popular media scrambles to explain the unexplainable – what is going on in the markets at the moment and how long it's going to last – we thought we'd share a headline of our own:
An article that was recently published in the Wall Street Journal exposes a very unique technology tool that hedge funds use to determine future prices. A company called Planet Labs, Inc. has launched tiny, shoe-box sized satellites into orbit around earth with the mission of gathering data on “economically sensitive” spots like retailers’ parking lots, oil storage tanks and farmland. By analyzing the images they get back from these pint sized space machines data hungry hedge funds can offer clients “signals”—predictions on how prices will move for certain stocks. This analysis includes revenue predictions for big box stores based on changes in the number of cars in their lots and forecasts for oil inventories based on the height of floating lids in oil tanks.
In a world where we are bombarded with media hype about different stock picks, get rich quick schemes and claims that some managers have a crystal ball for how to beat the market, a wise investor is one who blocks out the white noise and pays attention to facts and science. A recent article written by Philipp Meyer-Brauns, PhD, an associate at Dimensional Fund Advisors, looks at reporting on mutual fund performance and reveals that there is often not enough perspective given to all of the factors that one must take into account when determining true performance.
You may have heard a common investment expression “It’s not what you make that counts. It’s what you keep.” Minimizing taxes from investment activities is important because it’s one of the few aspects of investing that an investor can gain significant control over. Paying attention to the tax consequences of investing can substantially increase long-term wealth and increase spendable income. This article will address various investment strategies and products for minimizing taxes.