Market Commentary – June 2020
“I’m Hans and he’s Franz and we want to pump…. you up!” - Pumping up with Hans & Franz (SNL)
If you are a Gen Xer like me, you long for the days of SNL that included Dana Carvey, Adam Sandler and of course the never to be duplicated – Chris Farley (RIP). Being that I was seriously into pumping iron all throughout high school (First person at my prep school to bench press 400 lbs.), Read More...
Financial Planning – What to Consider if Your IRA Portfolio Takes a Nosedive
“What to Consider if Your IRA Portfolio Takes a Nosedive”
The first half of 2020 has been marked by historical levels of volatility on the way down… and up. During the steep drawdown in March our financial advisors were focused on trying to find productive ways to help our clients. One of the key discussions in March, revolved around taking advantage of the draw down in asset values to perform a “Roth Conversion” – a strategy we would like to dive into Read More...Market Commentary – May 2020
“It’s not about being afraid; It is about being prepared” - Christopher Cole of Artemis Capital
Every once in a while, I’ll read something that really blows my hair back and makes me think “Holy S^&t”, I have so much still to learn in this business after 17 years. Christopher Cole’s recently released paper The Hawk and the Serpent is a must read, especially if you’re looking build and protect multi-generational wealth as we are at Koa. Read More...Market Commentary – April 2020
“Only when the tide goes out do you discover who’s been swimming naked” – Warren Buffett
The Oracle of Omaha, one of my favorite “Wordsmiths”! In times of financial stress, we do find out who’s swimming naked… whether it be corporations who loaded their balance sheets with debt to purchase back stock at all-time high prices so CEOs could hit earnings targets and receive their bonuses… Read More...Financial Planning – PPP Loan Update
“PPP Loan Update”
On March 27th President Donald Trump signed a $2 trillion dollar Federal Stimulus bill into law, also known as the CARES Act. Included in the package was $349 billion dollars to be allocated towards the Paycheck Protection Program (PPP). Read More...Market Commentary – March 2020
“Everyone has a plan… until they get punched in the face” – Mike Tyson
No truer words were ever spoken by “Iron” Mike Tyson, the former Heavy Weight Champion of the World. The punch in the face to the economy and financial markets has been delivered by none other than the term of 2020 – “Covid-19”. Read More...Financial Planning – January 2020
“5 Ways the New SECURE Act Could Affect your Plans to Retire”
In an effort to help more Americans plan a successful retirement, the Setting Every Community Up for Retirement Enhancement Act or “SECURE Act” was signed into law last month. While some of the changes in the new law should in fact help prepare more individuals for retirement, there Read More...Market Commentary – January 2020
“Investment Commentary: Gold”
“People say keeping it real is a hard thing to do. Keeping it real is easy. Being fake and being soft is hard to do” – Trick Daddy Read More...Market Commentary – December 2019
“Knowledge is knowing that you know nothing” – Socrates”
What a difference a year makes, in our December 2018 Market Commentary, our title read “Limping through the tape”, which was appropriate as the US stock market experienced its worst December since the Great Depression. The 2019 US Equity Market was a throw-back to 2017 Read More...Market Commentary – Third Quarter 2019
“Q3 2019 Market Commentary”
Equities: Equity performance as measured by the S&P 500 (2971 7/1 Open – 2976 9/30 Close) or Russell 2000 (1574 7/1 Open – 1523 9/30 Close) can best be described as side-ways and range bound for the quarter. While this would lead investors to think there was little afoot in the markets, I would Read More...- 1
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