Three years ago this month we wrote our first Par 3 email. The very first article reported that the US had been beaten badly in the Ryder Cup by the European team that year…a trend that by that time had extended a decade since as the US had lost four of the five previous cups. … Read more
New rules are being proposed by the US House that could impact IRA and Roth IRA owners. In what appears to a response to billionaire Peter Thiel’s accumulation of $5 billion in a Roth IRA, the US House is targeting individuals’ large IRA balances with legislation that could result in new required taxable distributions and … Read more
On Monday, October 4th US stocks finished the day down by more than one percent. The market was officially off its highs by more than any other point in 2021. Headlines in the financial press used terms like “battered” and investor hand wringing began. How far down from the all-time high do you think the … Read more
Business activity gained momentum throughout the year led by industrial production, housing, and healthy consumer spending. This strong growth, as you are keenly aware, has put strains on the economy leading to a range of issues from labor shortages and supply chain bottlenecks to rising oil/fuel prices. As a result, it seems like the price … Read more
Interesting facts about the S&P 500 Index that we thought you should know: The S&P 500 has closed at new all-time highs 54 times this year (as of 9/9). The long-term rate of return for the index is slightly higher than +10% per year. The index is +21% this year (as of 9/9) and if … Read more
Now that we are past the half way point of 2021, we can investigate the potential impact of lingering supply shortages on profits and growth expectations. The number of businesses reporting negative impacts due to shortages peaked in May. While supply chain issues definitely remain, bottlenecks are easing and supplier delivery times are improving, as … Read more
Over the course of the next several months the term “tapering” will be commonly used throughout the media. Some people will say it’s a good thing and others will be fearful of it. Most people will likely not fully understand what it is and what it means. Tapering is a term used to describe the … Read more
The Biden Administration has proposed increasing the top rate on long-term capital gains from 23.8% to 43.4%. Here’s an interesting fact: the top capital gains tax rate in China is 20%. Chinese citizens are allowed, even encouraged, to buy and own stocks in Chinese companies. They can invest and become wealthy, as long as they don’t challenge the … Read more
We know that many clients and friends in our communities are charitably inclined. We have frequently written and spoken about the benefits of using a Donor Advised Fund or gifting a required annual IRA distribution and have assisted many of our clients with such gifts over the past several years. An additional strategy, one that applies primarily … Read more
Inflation has shot to the top of investors’ list of concerns after an April Consumer Price Index (CPI) report was much higher-than-expected. We aren’t particularly surprised. This has been an ongoing drumbeat dating back to the global financial crisis in 2008-09. Here are a few things to keep in mind. Base Effects – Any measure … Read more
