Our Weekend Word

Trouble in Paradise

Our clients know that our group has viewed the rush to passive investing with skepticism to say the least. You can’t argue numbers, but something about buying into companies that you didn’t really know anything about never seemed quite right.

Recently, a loud voice echoed our concern that this indexing party may be getting a bit out of hand. The real man behind “The Big Short”, Michael Burry, said as much in an interview with Bloomberg.

Trust Fund Baby

People have long associated trust money with excessive wealth and poor life choices by young people. Another factor that adds to peoples’ misconceptions about trusts is that most folks don’t really talk about it if they get money from one. This combination of stigma and silence leads many to believe that trusts must are only for rich kids and they probably shouldn’t have one.

Stranger Things

Every year investors get put through the ringer of some kind of headline driven market movement, but this year it feels like we’re on a ship about to enter the Bermuda triangle or something.

Aaron mentioned some ulterior motives concerning the trade war currency manipulation accusations last week, so this week I want to touch on some hard facts that definitely have caught our attention.

Rate Cuts, Trade Wars, Currency Manipulation... Oh My!

It has been… well let’s just say it has been an interesting few weeks.  Last week we had our first rate cut since 2008 and this week trade war tensions have reached all time highs.  The combination of these events is creating an interesting narrative, so, don your tinfoil hats and join me in the conspiracy zone.

Home Sweet Home

Since the red-hot year last year, home sales have slowed a bit in the U.S. in 2019 causing alarm for some economists. There is something else though that could cause alarm for some of those new happy homebuyers last year: property tax reassessments.

As most of us life veterans know, mortgage payments are actually a bundled payment and typically comprised of 4 parts: there’s your principal and interest (which is your actual mortgage loan), your homeowner’s insurance, and your property taxes.

ChFC Announcement

We are excited to share with our readers that Aaron Everdyke has earned his Chartered Financial Consultant® (ChFC®) designation from The American College of Financial Services.

That Was It

Some things in life just get talked up too much to ever live up to expectations. Whether it’s food at a restaurant that was supposed to be great or the ending to a TV show that was supposed to be epic (cough Game of Thrones cough), life is fraught with these little letdowns that leave you shaking your head.

The investment community is going through one of those right now, sighing a collective “You’ve got to be kidding me.”   

Subscribe To Survive

Mike and I grew up in an interesting time. While we have had the advantages of modern technology throughout our lives, we also have the reference point of what it was like before the internet and cellphones took root.  This gives a unique perspective because it allows us to spirit walk between the generation before and the one after.  One new trend is seemingly widening the gap between the older and younger generations and that is subscription services.

Don't Do Me Like That

The older I get the more I find celebrities interesting. The things we see in the tabloids present them as caricatures of real people, and everything they face and go through seems to be normal life on a larger flashier scale.

For example, a negligent parent may lead to a drinking habit for average Joe, but for Elton John it fueled a lavish, loud rock career and substance abuse problem that nearly killed him. Slightly bigger scale.

The same seems to go for their planning needs. 2017 saw the fall of more than a few music legends who left legacies up for grabs to friends, families, and associates. Unfortunately, mortality wasn’t front of mind for many of these stars, and they either failed mostly or completely in setting up a valid estate plan to pass along what they had built.

The Inside Scoop

Global markets have continued to skid for the month of May. The MSCI All Country World Index is down 5.76% according to yahoo finance as of 5/29/19. With trade talks continuing to take center stage and spook the markets, stock investors are looking around to see whether or not fears are warranted.