When trying to be thoughtful destroys the family…
Death and taxes. Those are two of the unfailing truths of life. Inevitables. Putting in the time today to learn and plan is a smart idea as you can help future generations hold on to more of what you earned during your life while avoiding some of the potential taxes. For many starting down this path is daunting. There are twists and turns that one needs a trusted advisor to help navigate. With this advisor the starting point is working on an estate plan. In short, the concept of estate planning
Life, The Universe and Everything
First Quarter 20237.03. Yep, 7.03% for 1st Quarter 2023. Yes that’s the S&P500 return for the first Quater of this year. Sustainable? No idea. But what I do know is that in December when I wrote my yearend review, almost no one…I mean none of the market pundits or TV gurus or the so-called experts, expected the market to go up. Reading my blog back over the last several years there has been a thread of truth that’s pretty darn obvious in review…and that is short term thinking may sell adve
Life, The Universe and Everything
4th Quarter 2022Happy New Year. As I sat and wrote this, I had the TV tuned to CNBC. Yes had. Instead of talking about the media lets really start at the beginning. Today being the first business day of the year, I headed into work all set to make 2023 better than 2022. Frankly 2022 was a pretty bad year. And CNBC was doing nothing but reminding me of that. From a personal standpoint we lost both friends and family members in 2022. From a wealth standpoint last year is now recorded as the 4th
Life, The Universe and Everything
Third Quarter 2022September is historically the worst month for U.S. equity markets – and this September did everything it could to reinforce that trend. When the final bell closed out September, and the third quarter as well, markets were significantly lower than where they started the month. This felt like the third strike as that marked three quarters in a row of negative returns for the S&P 500 – the first time since 2009. For the month of September, sector performance was just terrible as a
B of A Strategist says the typical 60/40 portfolio had the worst results since 1936..
Ok, now I’m an old guy. Hit a milestone birthday in August. Been in AARP for a few years now and actually think crypto currencies are not currencies. Yes sir, I’m officially considered old. Now saying that, sometimes, with age comes a touch of wisdom…please do not take this to mean I believe I know everything, I just have seen a few things and haven’t lost all my marbles, and I remember much of what I have seen. And what I have seen is that headlines (like mine above) are really just meant to
Weekly recap of the market…from MT Newswires
Market RecapWeek of Aug. 1 through Aug. 5, 2022 The S&P 500 index started August with a 0.4% weekly increase as more Q2 earnings reports as well as July US jobs growth surpassed estimates but added to concerns over the pace of future interest rate increases.
The market benchmark ended Friday’s session at 4,145.19, up from last Friday’s closing level of 4,130.29. However, the S&P 500 remains solidly in the red for 2022 with a year-to-date decline of 13%.
The week’s slight gain comes aft
Quantum CEO in the News
For the second year I am honored to be recognized by the Northshore’s preeminent magazine in their “Premier Lawyers and Financial Experts” edition.
I love it when people agree with me…
Cathie Wood Thinks That Hiking Rates Is A MistakeJuly 18, 2022(The Street) – ARK Innovation (ARKK) – Get ARK Innovation ETF Report fund manager Cathie Wood is best known for her focus on investing in innovative companies. Unfortunately for Wood, her funds have been hammered by the market downturn over the last couple of quarters. Ark’s flagship Innovation ETF has fallen more than 55% YTD. Recently, Wood offered up her stance on inflation, a key driver of market pessimism.
To boil things down, W
Quantum in news
James Perkins has been Inducted into the Prestigious Marquis Who’s Who Biographical Registry (24-7pressrelease.com)
Maybe it’s different this time? What does history tell us?
First half declines lead to nice returns.The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, Quantum Private Wealth and its employees is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework.