The U.S. Presidential election will increasingly take center stage as the candidates spell out their economic and foreign policy agendas. Possibly even more consequential is another event happening in the world’s second largest economy. China’s 14th Five-Year Plan, is to be unveiled next month.
There are a number of reasons why investors find themselves with concentrated stock positions; insider selling constraints, indecision, emotional attachment or concern over the tax implications of selling. Taking any action on a concentrated stock position starts with how it fits into your overall financial situation and long term goals.
Many clients have a need for financing for various reasons- a large purchase such as a new automobile, a real estate transaction or business needs. Accessing cash using your taxable investment account as collateral can be a solution.
Virtually everyone appreciates that Treasury bonds are close to all-time record low yields, but how should investors adapt to that fact? Bonds still have a legitimate role to play in any portfolio, but it is appropriate for every investor to revisit their allocation to bonds.
Home confinement has been one big retirement dress rehearsal for many back-end baby boomers. While you are making your fiscal check lists for the potential day, ask yourself a couple of additional non-financial questions.
In order to forecast our economic landscape going forward, we must first assess the extent of the
damage done to the U.S. economy from the once-in-a century occurrence that has emerged over
the past half year.
When I wrote this weekly commentary in July, Elon Musk had just overtaken Warren Buffet on the Bloomberg Billionaires Index. Well, what a difference six weeks can make. In that commentary, I posed a simple question: how long can it go on? Well, what a difference two days can make.