Blog and Podcast

The Devil Wears Nada: What Fashion & Investing Have In Common

The global fashion industry is fickle by nature, pushing and then pulling trends to keep hapless consumers forever turning over their wardrobes. Much of the financial services industry works the same way. Fashion designers, manufacturers, and media operate by telling … Continue reading

Willy Wonka Meets Wall Street

In a popular children’s story, the young hero pins all his hopes on finding one of a handful of “golden tickets” hidden among millions of candy bars. It seems many people approach investing the same way. The notion that the … Continue reading

Roth IRA Conversions Can Lower Your Tax Rate

Roth IRA conversions – converting money from pre-tax IRAs or 401(k)s to tax-free Roth IRAs – have been a hot topic especially among high-income taxpayers since the income limitations on conversions were lifted in 2010. Converting can now be done … Continue reading

Emerging Markets and Kenny Rogers’ “The Gambler”

Many investors fell for emerging markets in recent years when they delivered sizeable returns. More recently, the associated risk has reasserted itself and the infatuation has faded. To paraphrase Kenny Rogers, “You got to know when to hold ’em, fold … Continue reading

Change to Money Market Fund in Client Accounts

We will be changing the money market fund used in client accounts to a new tiered-rate structure fund, based on the brokerage account value–not just the money fund value.  The larger your account, the larger the credited yield. For example, … Continue reading

Economics Nobel Goes To Efficient Market Champion

“Stock prices reflect all available information.” This simple, yet profound concept spawned in the 1960s continued to evolve into more sophisticated asset pricing theories and has won Eugene F. Fama, “Father of Modern Finance,” the 2013 Sveriges Riksbank Prize in … Continue reading