Quarter End Report for the Period Ending 9-30-18
Improbably, U.S. stocks rose this past quarter, finally surmounting January’s record high, achieving yet another record. I say “improbably” because the summer is often a seasonally weak time for stocks, and the tone of acrimony and discord in the political arena had the potential to sap investor confidence. The picture for bonds was less exciting, however. With short and intermediate [...]
Top investment managers agree with me…it’s a great time to build wealth!
Two of the best proven investment managers of the past 70 years appear to agree with my view that there are few apparent red flags to concern investors today. While client portfolios are always diversified and always weighted a bit cautious, I believe we are living through an epic era for liquid investments like stocks, bonds, REIT’s and Maser Limited Partnerships. THIS is a good time to build wealth for the future. Here’s what two giants have to say: READ MORE
Inflation adjusted Health Savings Accounts amounts for 2019
The IRS has released the annual inflation-adjusted contribution, deductible, and out-of-pocket expense limits for 2019 for health savings accounts (HSAs). Eligible individuals may, subject to statutory limits, make deductible contributions to an HSA. Employers, as well as other persons (e.g., family members), also may contribute on behalf of an eligible individual. A person is an "eligible individual" if he is [...]
Quarter end and mid-year report June 30, 2018
Year to Date Statistics (through June 30, 2018) Morningstar U.S. Equity index + 3.08% MSCI International Index -2.75% Long term bonds -4.25% Intermediate Term bonds -1.19% Preferred Stock index down -1.19% The Virtue of Worry Worry is suffering felt for an injury that has not yet and may not happened, but we worry anyway. In finance, worry is a [...]
Dominion Energy Update
Based in Richmond, Virginia, Dominion Energy is an integrated energy company, third largest in the United States, with approximately 27,000 megawatts of electric generation capacity; 15,000 miles of natural gas transmission, storage, distribution and gathering pipelines; and more than 63,000 miles of electric transmission and distribution lines. Dominion operates one of the nation's largest natural gas storage systems, recently completed [...]
Quarter End Report March 29, 2018
Quarter and report March 29, 2018 A positive quarter despite higher volatility So often it is difficult to separate day to day market action and financial headlines from the big picture. The recently passed quarter was a perfect example. What we saw was a sudden return to a “normal“ market. When we speak of stocks, the sudden pop in volatility [...]