Particularly in light of last week’s rate increase by the Federal Reserve – the fourth such increase since December 2015 – we want to address a common misperception that the Fed’s actions affect rates across the entire so-called “yield curve” (short, intermediate and long-term rates). [Read more…]
“God give me the serenity to accept the things I cannot predict, the courage to predict the things I can, and the wisdom to buy index funds.” —Nate Silver, Statistician
Clearly, this past year was momentous on the geopolitical front, with two events in particular—the results of both the Brexit vote and the U.S. presidential election—surprising the vast majority of prediction experts and pollsters. [Read more…]
Lorne Abramson, CFA, CFP®, Principal and Co-Founder of ELM Advisors, and Stephen Steiner, J.D., Director of Gift Planning at the San Francisco Symphony, discuss various tax-efficient means and vehicles for charitable giving.
Over the years, we’ve occasionally been asked for our opinion on commodities as an investment. After all, commodities, or so-called real or hard assets, are often cited for their potential diversification merit, as well as a means of preserving asset values in periods of rising inflation. [Read more…]
We all know the purpose of fire drills is preparation, to teach us how to survive and avoid serious injury in the case of a real event. Similarly, when it comes to investing, it can be helpful to prepare in advance for those inevitable periods of market weakness, to circumvent behavior that can cause lasting damage to one’s portfolio.
Over the recent months we’ve received more than a few inquiries, particularly from our retired clients, about stocks that pay generous dividends. [Read more…]