As you’ve probably been following in the news to some extent, and we tax professionals have now had a couple of months to digest, a new tax package was signed into law on July 4, 2025. Despite the successful...

When markets change quickly, working the plan, rebalancing, dollar cost averaging, and reviewing your plan remain the best courses of action.

In the week or so since the end of the quarter, the direction I was going to take this post changed as quickly as the Duke basketball team’s fortunes over the weekend.

“Stay the Course” Doesn’t Mean Ignore the Journey

March seems to be turning into a time of year when something out of our control makes it appropriate to check in and offer an investment perspective in light of...

Future Investment Returns are Always Uncertain

A little more than three years ago, I wrote There Are No Facts About the Future. It feels like I could change a few recent facts and repost that note. I’ll provide...

For decades, 401(k) plans and other defined contribution workplace plans have served as primary channels for long-term investing. Many of you currently contribute, or have contributed to these plans in the past,...

I mean it. You’ve done well in a challenging time for investors. Occasionally it's helpful to take a minute to acknowledge success and what led to it before getting back to work. And I think now is as good a time...

Welcome to the midpoint of 2024. I hope everyone had a great 4th of July holiday with family and friends.

Inflation is falling. The job market is growing. GDP growth is exceeding expectations. We’re actually earning interest on our cash and bonds. And corporate earnings growth is expected to accelerate this year.

I recently read an article in The Economist that discussed topics related to the current state of journalism. It contained a line that could also apply to market expectations – specifically when those expectations...

Interest rates on Treasury securities, money market funds, and savings accounts are at 15 to 20 year highs, hovering near 5%. With stocks now sitting 10% below their previous high from almost two years ago, the...

How’s the Market Doing? It Depends.         

A simple and innocent question greeted with the most unsatisfying and noncommittal answer possible. Sorry. But it’s true. It depends on the market in question – stocks, bonds,...