With the election of Donald Trump and with a Republican controlled Congress, American taxpayers can look forward to reduced income taxes, perhaps as early as next year. For most folks, your tax planning strategy should be income deferral, […]
For investors, perhaps the tepid reaction of equity markets to the election of Donald Trump was of equal or greater surprise than the upset election itself. I had to talk just one client off an emotional ledge late election night, and as of today, his impulse to “Sell everything” (from which he backed away) […]
The above quotation is from my quarter end report of a year ago, a year that was not particularly happy for our clients nor for stock investors in general. 2016 is a better year, proving the wisdom of investor patience. This year began […]
I have been an ardent believer in the opportunity unleashed by American ingenuity and risk taking in the oil patch. Hydraulic fracturing has brought forth a wealth of clean burning natural gas, reducing the need for coal in electricity production. HOWEVER, this process has the potential to cause environmental damage. Those who reject […]
A Certified Financial Planner, pledged to act as a fiduciary would likely have protected the investors described in this article by never showing this product. We have never done so! Pass this on to a friend!
From the Wall Street Journal, “Wall Street Re-Engineers the CD—and Returns Suffer” – ‘Structured’ certificates of […]
The subject of this interview is the fellow who made a fortune shorting the big banks going into the financial meltdown of 2008. He is not a naive cheerleader for the banking industry, so his current opinion, which reflects my own carried weight. As many clients know, we have been investing in preferred […]
From the Wall Street Journal, “5 Things Investors Should Know About New Rules on Money-Market Funds – Brace for the possibility of fluctuating share prices and temporary blocks on redemptions” by Daisy Maxey, August 9, 2016
Investors in money-market funds should prepare now for extensive new rules in mid-October that promise to fundamentally […]
From the Los Angeles Times, "As Japan’s population shrinks, bears and boars roam where schools and shrines once thrived" by Julie Making, July 11, 2016
The red-roofed temple at the top of the hill closed about a decade ago, and now Yoshihiro Shibata can’t even remember its name, though the 54-year-old dairy farmer […]
After a constructive quarter for our clients, it appeared all would be undone as we neared quarter end and voters in the U.K. made the historic decision to back out of the European Union. Notables such as former Fed Chairman Alan Greenspan, former Treasury Secretary Lawrence Summers, George Soros and Bill Gross worried that we […]
I wanted to share some charts that appeared in a recent Bloomberg.com article. They confirm my own experience in speaking with clients and prospective clients at this time: everyone is nervous and untrusting of the stock market. Fortunately, bear markets usually begin from a psychological place of extreme bullishness. So the emotional conditions […]
Our Blog and Notes of Interest to Visitors and Clients. We hope you find the information helpful.Gary Miller, CFP