First Quarter Market Review 2017

Maggie Mayer Uncategorized

This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.

Countdown to Tax Deadline and Potential Tax Reform

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning

Most Americans have recently completed or are in the process of completing the annual chore of submitting their individual income tax returns to the appropriate government entities. No matter your current economic situation, many people find this a complicating and confusing process. By the time the returns are filed, exhaustion has most likely set in. It does not matter whether you are just collecting the information or actually preparing the returns, this can be a tiring experience.

Philosophy, Strategy and Discipline-Active View

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

“Luck plays a big role. Athletes, poets and businesses get lucky. Hard work is critical, a good team is essential, brains and determination are invaluable but luck may decide the outcome.” Phil Knight, Shoe Dog: A Memoir by the Creator of Nike. An investment philosophy is a set of principles that guides all portfolio decisions.

Year in Review

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning

Nothing takes you away from dwelling in the past or agonizing about the future like living in the present” – Roy T Bennett, The Light in the Heart. As we bring another calendar year to a close, we look back at what a year it has been. It is important to reflect and to learn from the past. In reflection, we are often amazed at the events that we experienced and how much different they were then we might have expected. This reflection process is where knowledge is truly gained. Knowing the power of hindsight bias allows us to better …

Investment Plans and Rain Delays

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning

“The reason our ideas haven’t spread faster is they’re too simple” – Charlie Munger, Vice Chairman of Berkshire Hathaway. Investment philosophies can be as simple or complex as investors want them to be. Many investors believe that the more complex the structure or plan, the more valuable it must be. History is full of examples proving this belief to be wrong. Unfortunately, financial institutions are well aware of these investor beliefs so they have marketed complex products and services. Maybe they will work or maybe they will not. Either way, investments typically do not move in one direction all the …

The Stock Market and Presidential Elections

Wp_Site_Admin Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning

Dear Valued Clients and Friends: Every four years we field questions about the possible effect of a presidential election on stock returns. This is understandable as presidential elections tend to bring out uncertainties that fuel discussions and this year’s election holds far more uncertainty than the norm. So, with the election a few short weeks away, we thought it would be interesting to look at the historical relationship between the stock market and presidential elections. But it is well worth noting at the start, while it may be interesting (even fun) to discuss whether one party or the other is …

Summer Road Trips: Microcosm of Our Financial Lives

Wp_Site_Admin Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

Summer road trips have been a tradition for families across the country for many generations. They have changed over time with updated technology (i.e. cars, GPS, lodging, etc.), but the basic concepts of seeing something new while also possibly visiting distant family remain the same. To make this once a year event successful requires extensive planning. Having recently returned from our own summer road trip to the west coast to visit family, I can attest that much goes into the plan!

How Not to Be Wrong and Helicopter Money

Wp_Site_Admin Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning

Hopefully, everyone has been enjoying their summer. Here in Wisconsin, similar to the recent stock market increase in July, our temperatures have recently hit the high mark for the year-to-date. However, the path for both the temperature and investments has not been on a linear path. This newsletter addresses how these non-linear paths are important to be aware of. We see them in reviewing first half investment returns, in predicting future investment returns, and in reviewing future economic scenarios. Being aware of this concept can improve the investor experience and hopefully lessen anxiety along the way.