2022 Retirement Account limits
The stock and bond markets go up and they go down. History tells us that its time in the market and not market timing that leads to long term results.To help with that I like to look at investing in our retirement accounts as soon as possible each year. For 2022 the limits are as follows:2022 retirement contribution limits and income restrictions: What to knowPutting away as much as possible for future you—in as many ways as possible—can have huge long-term value. The IRS’s changes to retirement
Is the 60/40 Portfolio Drowning? Or put another way…why buy bonds?
A review of average rates of returns for set portfolios and a glimpse at why the Quantum e3 model may be a better mouse trap.
(These are some recent pundits/ MSM headlines.)
“The 60/40 Portfolio Is Dead” (January 25, 2022)…
”Why a 60/40 Portfolio Is No Longer Good Enough” (August 12, 2020)…
“Time for FAs to Rethink Portfolio Construction Rules: Execs” (May 13, 2022)…
”Traditional 60/40 portfolio has actually reached its expiration date” (September 2, 2021).
Is it time to revisit the 60/40
First Trust’s comments on the likelihood (or not) of Recession
re·ces·sion[rəˈseSH(ə)n]NOUN1. a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters:
“the country is in the depths of a recession” · [more]
synonyms:
economic decline · downturn · depression · slump · slowdown · trough · credit crunch · credit squeeze · stagnation · stagflation · hard times2. astronomy
the action of receding; motion away from an observer.
The office ‘is over,’ Airbnb CEO Brian Chesky says; here’s how he envisions the future of work
The office ‘is over,’ Airbnb CEO Brian Chesky says, and flexibility is the future – MarketWatchMany of us have had the luxury of working from wherever we have wanted for the last 2 years. It was a trend that had begun but COVID accelerated it. Now not all companies will be remote forever but there are certainly many tall office building managers that are scratching their head at what they will do with all that empty space. Over the weekend Airbnb Chief Executive Brian Chesky, in an interview wit
Maybe all is Not Lost??
Earnings update: 330/500 companies in the S&P 500 have reported for Q1 (79.0% of market cap). 80% have surprised to the upside. Earnings are +8.2% from a year ago. Overall, consensus was estimating 5.2% YOY at start. Revenues are +12.3%. Another solid quarter so far.
Bad boys, bad boys, what you gonna do?
Tomorrow the Federal Reserve meets and is expected to boost its federal funds target rate by 50 basis points…up to a target of 1%. Now for the ‘old’ people like me, that is an incredibly low rate, but today’s computers are not programed with that historical perspective. Frankly, they have no perspective at all. Because of that lack of, let’s call it insight?, the market has reacted and started 2022 off on really poor footing. Its not just the stock market but the bond market has reacted to Washi
Sell in May and go away? BAD CALL…..
Its spring (almost) and time to do things besides sit inside, watch tv and worry about the next media hyped crisis. For many years there was a belief that companies slowed down production and therefore earnings when we all came out into the sunlight. I guess when we were an industrial based country that relied on manpower to assemble cars and put labels on bottles this made some sense. Because of this there was an old axiom that was summed up as ” Sell in May and Go Away”. The idea was that be
Are buying Bonds a Safe Investment?..part Deux
Sometimes a follow-up to a concept helps drive the point home. Since my last post on this topic the 10 year US treasury yield has risen….again… Now no one knows where yields are going but one thing is pretty apparent. Had you purchased a bond at almost any time over the last 2 years you would be looking at a negative rate of return. I will leave the answer of the above question to you but the data does make one question the conventional wisdom.Thanks to our friends at First Trust Portfolios
Weekly recap of the market…from MT Newswires
Market RecapWeek of Apr. 4 through Apr. 8, 2022 The S&P 500 index slipped 1.3% last week amid concerns about monetary tightening and upcoming Q1 earnings reports.
The market benchmark ended Friday’s session at 4,488.28, down from last Friday’s closing level of 4,545.86. This puts the index in negative territory for the month of April to date after the S&P 500 just achieved its first monthly increase of 2022 in March. It is still down 5.8% for the year to date.
Last week’s decline came am
Life, the Universe and Everything…1st Quarter 2022 Commentary
World events and changes are challenging but not as Glum as they seem.As I sit here at the end of the first quarter of 2022 I am struck by a few things. The first is that our world has changed significantly over the past few years. The second is many have been complacent for far too long. The third is, as a portfolio manager and financial advocate for our clients, that these changes and said complacency have created massive challenges for proper allocation of assets. I feel that our process of e