What could go wrong with trying to time the market?

Market Timing 101 (Part 1)

Key Points

  • The opportunity cost associated with the poor timing of initial investment allocations can be significant.
  • After missing out on a period of good performance some investors may be further compelled to employ additional timing measures that can further exacerbate under-performance.
  • Market timing, the tactical timing of when to be invested and when not to, although sensible at a high level, is far easier said than done.

Continue reading → What could go wrong with trying to time the market?

Coronavirus: What Do We Know Now?

COVID-19: A Global Disaster Like No Other (Part 1)

Key Points

  • The CARES Act represents unprecedented stimulus spending on behalf of the U.S. Government. Act now, supplies are limited.
  • The curve is not yet flat, but it is flattening.
  • There is hope, and the stock market has already rebounded over 25% from its low this year. Even so, we’re not out of the woods just yet.

Continue reading → Coronavirus: What Do We Know Now?

What’s so great about a Revocable Living Trust?

Estate Planning 101 (Part 3)

Key Points

  • A Trust (as opposed to a Will) is designed to protect your assets and to transfer your wealth without letting the courts take over, and dramatically slow down the process.
  • These days the estate tax threshold is so high, not many Americans need to worry about it.
  • A Revocable Living Trust (as opposed to a Irrevocable Trust) allows a seamless transfer of assets to heirs, but still gives you control to make changes as you see fit.
Continue reading → What’s so great about a Revocable Living Trust?