A Growing Chorus of Caution
Bloomberg has been featuring articles this week that focus on the expensiveness of the market. In a recent article titled “Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming”,…
Tax Cut or No Tax Cut?
The tax cut struggle isn't just politics. Economics are at play. This graph from a recent dshort.com article illustrates the problem perfectly: In summary, on a historical basis tax brackets…
Demographics and Documents
I have been blessed over the last thirty years to have long lasting relationships with my clients. I have been reminded many times by clients that we started working together…
2525
In the year 2525 Everything you think, do and say is in the pill you took today. -Zager and Evans, 1969 The Austrian government took a big leap towards 2525…
Turn Out the Lights
In a recent New York Times article, Ruchir Sharma quoted George Goodman’s comments regarding the stock market bubble of 1967: Those who leave early are saved, but the ball is…
Counting Backwards
During my annual physical, my physician has me count backwards by sevens to test my cognitive skills. Being in my early fifties I think this might be overkill, but the…
Memorial Day and the Greatest Generation
This last fall my wife and I took a trip to Washington D.C. I am a museum-aholic so trips to our nation’s capital are always enjoyable for me. The weather…
Morningstar Investment Conference
This was our second year attending the Morningstar Investment Conference in Chicago, which brings together some of the major thought leaders in our industry. Listed below are a few of…
Life in the Fast Lane
The Eagles were right. Life in the fast lane will make you lose your mind. However, most people don’t realize it until it is too late. This may be the…
Will You Still Feed Me When I Am Sixty-Four?
The Beatles released this song in 1967. In 1967, the average life expectancy for a male in the U.S. at birth was 67 years old. 64 years of age was…