Don’t Wait to Start Your Year-End Financial Planning
August tends to be “nap-time” for most Americans. Work at the office might not be as busy, families are slowly making their way home from vacations, and kids are getting ready to head back to school. This makes August a stellar time to work on your finances. My advice? Don’t put it off until December. Read more ➝
What’s the Secret to Investing?
Ah, secrets. Possibly the most intriguing word in the English language. Especially with investing. I mean, if we all knew the secret to investing, we’d be richer than Warren Buffet, am I right? Jokes aside, the “secret” is often disappointing. True investing success boils down to hard work and patience, or what I like to Read more ➝
Is Real Estate Actually a Good Investment?
Video Transcript: Real estate can be a great investment, but if you don’t fully understand your numbers, it can be a disaster. A couple that I met with recently, loved getting their monthly rental checks and keeping close tabs on the fluctuations of the housing market. When the market started to rise, they began to Read more ➝
Investment Newsletter 3Q19
Investment Newsletter 3rd Quarter 2019 “Dull” quarter? Not really… Dear Ambassador Family, We have not changed much since the last letter – 3 on a scale of 1 to 5. The strong rally in 1q19 is flattening out as corporate fundamentals are modest but solid. Low interest rates thus far have limited downside. Since Read more ➝
Do You Own Too Much Real Estate?
Video Transcript: Which elevator would you choose if you were riding to the top of the Empire State Building? One with a single, thin cable? Or one with several strong cables? Obviously, we all want the safest option. When it comes to investments though, many families latch their nest egg to a single cable. It’s Read more ➝
Investment Newsletter 2Q19
An Update on Our View of the World After one of the worst quarters in a couple of years, risk assets recovered strongly in 1q19. Stocks, commodities, and bonds, for the most part, posted positive gains. Possible reasons include: Continued strong corporate profits especially in the US Economic growth in US still positive though weaker Read more ➝
2018 Was Truly an Unusual Year for Markets
A surprising winner for the top asset class in 2018 Earnings grew, yet market prices declined Seasonal holiday trading patterns did not pan out You can read about our outlook for 2019 in the Investment Newsletter. In the meantime, here are 3 facts that made the year 2018 truly unusual in recent market history. Read more ➝
Investment Newsletter 1Q19
An Update on Our View of the World We had started 2018 being cautiously optimistic on prospects for asset returns in 2018. We did not expect to see returns repeat as strongly for 2018 as in 2017. Yet, we had a moderately positive bias due to: Corporate profits remaining healthy Accommodating, but tighter, monetary policy Read more ➝
Not All Income Is Equal Because of Taxes: 3 Types of Income
The Declaration of Independence declares that all people are created equal. That is not true about income coming from investments. Many of your neighbors forget this fact to their detriment. One of the major problems people often do not understand is taxes. You can reduce different types of income with different levels of taxation. Be Read more ➝