I received a letter from a client recently that reminded me of a quote from the great Albert Einstein. Einstein said “everything should be made as simple as possible…but not simpler.” The client was appreciative for the successful outcomes over the last decade that involved basic and simple fundamentals.
Financial scams continue to clutter our email inboxes and the latest involves sending an imitation IRS notice claiming a discrepancy between income reported by an employer and the taxpayer’s income tax return. In addition to demanding money, these emails have the potential to infect computers with viruses.
Next month, Americans will head to the polls to elect the next president of the United States.
While the outcome is unknown, one thing is for certain: There will be a steady stream of
opinions from pundits and prognosticators about how the election will impact the stock
market. Here are a couple of reasons to remember that investors would be well-served to
We have written before about the emotional reactions investors experience when markets change. Part of our job as advisors is to keep clients from making decisions based on these emotional reactions. Sometimes we talk about this in terms of making rational or irrational decisions during market disturbances.
Our clients may have been hearing about fundamental changes in the regulation of investment advisors specifically directed towards advice provided on retirement accounts. We have written several pieces about this over the last year, and just last week, Vinton was featured in the Wilmington Star News discussing this topic. A link to that article is here:
Many investors may have read that the Department of Labor (DOL) announced a substantial overhaul in the regulation of financial advice given on retirement savings. This new rulemaking will likely change how investment advice is provided to investors who have retirement accounts. Most Americans have some participation in retirement savings through an IRA, 401K or other qualified retirement plan. This regulation is designed to enhance consumer protection.
This week we are all going to hear more about the vote regarding Britain exiting the European Union. The polls indicated Monday morning that Britain will not exit and markets moved higher. While the
vote is really about immigration, it also has financial and economic consequences so we wanted to drop you a note to share our perspective.
I was in Boston in May and had the opportunity to visit the Paul Revere House as well as the Old North Church. I was struck by our history and legacy as a country. This United States of America is a remarkable story. Without going back 250 years, I thought I would share some facts from our country’s more recent history. Consider our collective progress in the last few decades as measured by the prosperity of our citizens. I hope Paul Revere can see how humanity has advanced and prospered from a free democracy.
Social Security is a topic that seems to interest every retiree and it should. For many Americans it is their single largest retirement asset. Depending on how much you have accumulated for retirement, Social Security can make up a sizable percentage of your monthly retirement income. For a married couple, there are a number of ways to approach claiming Social Security.
January was a difficult and volatile month for investors and it came on the heels of a difficult and volatile 2015. After the recent downturn, it’s understandable if you wished that the markets were less volatile. It would be nice to get a steady return somewhere around 5% every year rather than deal with all these ups and downs.