RESOURCES

“Thinking troubles us; thinking tires us. Thinking can force us out of the familiar, comforting habits. Thinking can complicate our lives. Thinking can set us at odds, or at least complicate our relationships with those we admire or love or follow. It is easier to agree with and pass along ideas that other people find agreeable than to do the work of thinking through whether they are correct, especially given the risk that the discovery of fallacy can put us at odds with others whose approval we intrinsically seek.”

Seven actionable steps for year-end financial planning.

Preparing for retirement just got a little more financial wiggle room. The Internal Revenue Service (I.R.S.) announced new contribution limits for 2022. A look at the new limits.

Planning for the future and investing are complicated. As a fee-only, fiduciary, Registered Investment Advisor, we can help clients plan and prepare.

While predicting the direction of the economy looks hard here, analysts are clearly optimistic about corporate earnings, foreseeing strong profit growth for the foreseeable future. Investors are willing to place rich multiples on these rosy projections, driving the market to extremely high levels when using historical metrics (trailing EPS, book value, size of the economy, replacement cost, etc). This market has been driven on easy money and speculation, but there are signs the speculative fervor is starting to cool. “Buying the dip” has been a profitable strategy since 2009, so this slight decline could be ephemeral. This strategy does not always work, however - sometimes the supposed dip is just the first part of a major plunge. It is impossible to confidently predict when that will happen, but the conditions are in place. Investors are wise to be cautious.