Attached please find our 2017 Q3 investment report. In addition to our usual review of the markets and our current thinking, in this issue we examine a very interesting recent report on the so-called “endowment model” of investing, named as such because it is the style of investing followed by most university endowment managers. The endowment model involves diversifying investments across strategies, asset classes and investment … Read more
It’s hard to believe in this day and age but the answer is yes, according to a recent survey of American families with children aged 8 to 14 sponsored by the financial company T. Rowe Price. And the numbers are pretty startling:
- 50% of the parents who only have boys are saving for college expenses, while only 39% of the parents of all girls are saving;
Last week, Equifax released that earlier this year, hackers obtained the personal data of around 143 million people on its system. Equifax, one of the three major credit bureaus, is responsible for creating credit reports; so, if you’ve ever had a credit card, a loan, a credit check, or even just a bank account, then it’s possible your personal information has been stolen.
A leak of … Read more
In this quarterly report, we focus on whether the bull market is about to turn. We argue that the bull market is not yet over. Read the report to find out why! We also discuss what happened in the second quarter of the year and how we are currently positioning our portfolios.
If you have kids or grandkids who earned some money this summer or who might in the future, this Brief is for you. I actually got the idea from a client of ours who has been doing this for her grandchildren for several years, splitting her $14k allowable gift for each child between a Roth IRA account (when the grandkids have some earned income) and a … Read more