June 22nd Market Commentary

It’s no secret that the markets are experiencing a challenging year with many wondering if we’re nearing a recession. So we asked seasoned members of our Investment Committee, Pat Collins, CFP®, EA, and Greg Hobson, CFP®, AIF®, to speak to those challenges and lend some valuable perspectives based on what they’ve experienced during their respected careers. Watch the commentary below.

Information contained herein has been obtained from sources considered reliable, but its accuracy and completeness are not guaranteed. It is not intended as the primary basis for financial planning or investment decisions and should not be construed as advice meeting the particular investment needs of any investor. This material has been prepared for information purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Past performance is no guarantee of future results.

Recent Insights

Fleeting Fad or Future Fortune – The New Bitcoin ETFs are Here

While Greenspring likes some alternative assets and has included them in our client portfolios over the years, we do not think Bitcoin merits a dedicated portion of an investment portfolio. Bitcoin is almost pure speculation with little intrinsic value.  Unlike stocks and bonds, there are no profits, dividends or interest, and the price is based only on what a buyer is willing to pay.

Tax Drag: Picking Up Nickles

“Picking up nickels in front of a steamroller” is an old saying in the investment world to describe a strategy that has small, positive, and fairly regular returns, with the occasional huge risk that can wipe you out. Tax planning around your investments gets half of the saying right, in that tax planning is like picking up nickels, which can generate small, positive, and fairly regular returns – if you do it right.

Retirement Planning: Not One Size Fits All

The best way to achieve any goal is by implementing a plan. Whether you are 20 years or two years from retirement, it is never too early or too late to put a plan in place to achieve your retirement goals. We want to share with you some of the key considerations for a successful retirement.