Portfolio Strategy Review Q1 2022

"I need ammunition. Not a ride."  History Lessons from War, Appeasement, and Markets It’s useful to compare the events in Ukraine against history because we all have a stake in the outcome. In 1938, Hitler annexed Austria; and demanded a portion of Czechoslovakia that...

The January Effect

According to the zany theory called the January Effect, they are supposed to go up.  January was rough across most markets. The doomsayers, armed with historical data, were out in full force predicting the “mother of all bear markets” is just around the corner. And...

Portfolio Strategy Review 2021

Overview Between the pandemic that won’t go away and the politics of the day, US stock markets shrugged it off and delivered extraordinary returns in 2021. At least we are closer to the end of the pandemic. The politics I’m not so sure about. Economic growth forecasts...

Proposed Tax and Planning Updates

I spent 2 days last week at a continuing education conference with Ed Slott & Company. This is my third year in the program. Slott has been a thought leader in retirement and distribution planning for over thirty years. My Master Elite membership gives me full...

Portfolio Strategy Review Q3 2021

"I hope I never recover from this."  William Shatner on his journey into space at age 90  Reflation, inflation, or deflation….that was so last quarter. This quarter “stagflation” also began to gain attention. Stagflation evokes fear of the 1970’s when inflation was...

Medicare Nightmares

Plan Enrollment Errors: Advance Planning is Good Medicine Combine the federal government with the US tax and healthcare systems and what do you get? One very complicated maze of rules and regulations called Medicare! Medicare’s complex rules are confusing and can...

Portfolio Strategy Review Q2 2021

“A nickel isn't worth a dime anymore.”  Yogi Berra  Reflation, inflation, or deflation. How about a libation and we call it good? The range of opinions about the future direction of prices we pay for goods and services leaves us with one concern: Are recent price...