Monday , February 17 2020
Home / Tag Archives: retirement

Tag Archives: retirement

#FPC: Dave Ramsey Is Right & Very Wrong About Permanent Life Insurance (Pt. 1)

Let’s start with the basics, Dave Ramsey is great at a couple of things, budgeting, helping people get out of debt, prioritizing material things and/or putting things in perspective.  BUT… There are some things where good ole Dave isn’t so great. I know this is going to surprise many of you, but you need to hear this. DAVE RAMSEY IS NOT GOOD AT FINANCIAL PLANNING OR INVESTMENT ADVICE. Allow me to give you some additional context. Dave is good at helping people get out of debt and make...

Read More »

Technically Speaking: COT Positioning – Risk Of Correction Still High (Q1-2020)

As discussed in this past weekend’s newsletter, the market remains overly extended as the recent correction sharply reversed on expectations for more Fed liquidity. However, with the market extremely deviated from the long-term moving average, a correction is once again a high probability event.  “Previously, we discussed that we had taken profits out of portfolios as we were expecting between a 3-5% correction to allow for a better entry point to add equity exposure. While...

Read More »

Market Downturn? Putting Corrections Into Perspective

Shawn Langlois recently penned an interesting article: “Despite a few notable hiccups along the way, the bull market continues to prove insanely resilient.” What was most interesting, however, was the following quote: “Current hyper-valued extremes are likely to be followed by market losses on the order of two-thirds of the value of the S&P 500.”  The immediate response by most individuals is a 60%+ decline is an outlandish and impossible event given ongoing Central Bank interventions....

Read More »

MacroView: The Next “Minsky Moment” Is Inevitable

In 2007, I was at a conference where Paul McCulley, who was with PIMCO at the time, was discussing the idea of a “Minsky Moment.”  At that time, this idea fell on “deaf ears” as the markets, and economy, were in full swing. However, it wasn’t too long before the 2008 “Financial Crisis” brought the “Minsky Moment” thesis to the forefront. What was revealed, of course, was the dangers of profligacy which resulted in the triggering of a wave of margin calls, a massive selloff in assets to cover...

Read More »

#FPC: 5-Things You Aren’t Being Told About HSA’s.

With the passage of the SECURE ACT and the death of the STRETCH IRA there has been a lot of noise about Health Savings Accounts or HSA’s for short. The role, or lack of, that people use a Health Savings Account as investment vehicles in their financial plans has been highly debatable, but not anymore. In 2020, we are finally seeing a shift in financial advice to find ways to put funds aside and avoid taxes altogether down the road. Health Savings Accounts are becoming common place now that...

Read More »

Where’s the Adult Merit Badge for Super Savers?

Super Savers are a special breed. They are not concerned about keeping up impressions; they exist outside the mainstream of seductive consumerism. Call it a mindset, call it walking a different path; perhaps it’s an offbeat childhood money script. Whatever it is, those who fall into this category or save 20% or more of their income on a consistent basis are members of an elite group who strive for early financial independence. Speaking of independence: At RIA we believe households should...

Read More »

Technically Speaking: Market Bounce, January, & The Super Bowl.

In this past weekend’s newsletter, we stated the market was likely to bounce due to the short-term oversold condition which existed following Friday’s rout. To wit: “With a ‘sell signal’ clearly triggered (lower panel), it suggests, on a short-term basis, we are likely to see a ‘tradeable bounce.’ However, until the signal reverses, any short-term bounce should probably be ‘sold into.’ Make no mistake, there is currently downside risk below the 50-dma to both the 38.2% and 50% Fibonacci...

Read More »

The Rotation To Value Is Inevitable

In late 1999, it was stated that “investing like Warren Buffett was the same as driving ‘Dad’s ole’ Pontiac.” The suggestion, of course, was that “value” investing was no longer a viable investment strategy in the new “dot.com” economy where “growth” was all that mattered. After all, in the “new world,” it was indeed “different this time.”  Less than a year later, investors wished they had adhered to Warren Buffett’s strategy of buying value as the “Dot.com dream” emerged as a nightmare for...

Read More »

MacroView: The Fed’s View Of Valuations May Be Misguided

On Wednesday, the Federal Reserve concluded their January “FOMC” meeting and released their statement. Overall, there was not much to get excited about, as it was virtually the same statement they released at the last meeting. However, Jerome Powell made a comment which caught our attention: ““We do see asset valuations as being somewhat elevated”  It is an interesting comment because he compares it to equity yields. “One way to think about equity prices is what’s the premium you’re getting...

Read More »

#FPC: What You Have In Common With Kobe Bryant & Chandler Parsons

As an advisor we are taken to task daily on the best way to keep clients informed and give them a holistic view of their financial situation. We must also do so in a way to ensure our clients not only listen but understand and when the situation is right implement action items discussed. Many times, these items aren’t exciting and they’re what we would call “fortifying your financial house”. Fortunately, for many we can fortify our financial house fairly easily, but it does require dealing...

Read More »