Investment Planning Insights

Five Ways To Combat Inflation; An Underrated Risk

One of the most underrated risks for investors today is inflation.  Most likely, that is due to the recency bias all of us tend to exhibit.  The fact that inflation has been tame for the last 30 years leads many to think that this will continue indefinitely. 

Wisdom, Experience, and Life Lessons

It is always wise to listen to those who have come before us.  They have experience and wisdom that younger generations lack.  That is why I found the post done by WSJ columnist Jonathan Clements so insightful.  Here are 11 changes he sees in himself, and others, as they age.

I Am Sitting On Cash, Should I Wait For the Next Market Crash To Invest?

This question is pretty common amongst our clients we meet with. They may have built up cash over time, sold a real estate property, or inherited money. Whatever the reason, they find themselves sitting on cash and are fearful of investing it in the stock market.

How Poker Can Make Us Better Decision Makers

Poker is all about consistently making great decisions. Winning is a byproduct of that decision-making.  It doesn’t happen every time, but you can tilt the probabilities in your favor. 

The Dirty Little Secret About Warren Buffet’s Bet With A Hedge Fund Manager

Warren Buffet made a bet with a hedge fund manager that just ended. The bet was pretty simple. Put up $1 million and pick the best investment for a 10 year period (bet started on 1/1/2008). The winner would give the $1 million to the charity of their choice. 

Are You A 1%’er?

The IRS recently released a report with some interesting data on income trends in America. As you would expect, it takes a lot to get in the top 1% of all taxpayers. Here are some of the stats.

What If Investment Performance Was Based On Luck?

Part of our job as advisors is to help clients select the best investment vehicles available to them.  Many of our clients initially believe that involves picking funds with the best performing managers in the future.  Ideally, they would be right.

The Unintended Consequences Of The Tax Law

With the passage of the Tax Cuts and Jobs Act, millions of Americans will see two broad themes. First, personal exemptions are eliminated and itemized deductions are being curbed with the reduction in the state and local tax deduction. Individuals are finding that their taxable income is going to be higher in 2018.

Amending Warren Buffet’s Golden Rule

One of the more damaging pieces of advice to the average investor is Warren Buffet’s famous investment rule: “Rule No. 1: Never lose Money. Rule No. 2: Never forget Rule No. 1.” While this folksy wisdom has a great ring to it, it can be easily taken out of context.