WHAT EUGENE FAMA’S 2013 NOBEL PRIZE MEANS TO YOU

Financial markets seem to be more confusing than ever. A valid question is, “do they need to be?” A significant announcement was made recently, about a 2013 winner of the Nobel Prize in Economics. A University of Chicago professor, Eugene Fama, was awarded the Nobel Prize for his work regarding the ‘Efficient Markets Hypothesis’ that…

PAY ATTENTION

By: John Hillman, CFP®, ChFC®, CLU, CLTC On January 2, 2013, Congress passed the American Taxpayer Relief Act. It was named for the majority of Americans for whom a 2% restoration of the payroll tax is burdensome. If that was a modest tax increase for you, then you will want to read what follows. Let’s…

THE STOCK BOND DECISION

By Nicholas Economos, CRPS® Choosing a basic stock-bond mix is an important first step in portfolio design. Although the decision may appear simple, it can have a profound impact on your wealth.Portfolio theory explains the value of making a deliberate, strategic decision about the proportion of stocks versus bonds to hold in a portfolio. This…

PLANNING FOR EXTENDED CARE

By: John Hillman, CFP®, ChFC®, CLU, CLTC If you know that you will never live long enough to become frail and to need assistance with the normal activities of daily living, and if you know that you will never suffer from dementia or Alzheimer’s no matter how long you live, then you will not find…

NAVIGATING STRUCTURED PRODUCTS

In recent years, structured products have gained favor among retail investors in Europe and the US. Investment banks promote these securities as sophisticated tools to help investors manage downside risk, enhance returns, or achieve other investment objectives. Sales have grown briskly since 2006, and despite a decline after the 2008 market crisis, some industry sources…

THE NEW WAY TO 401(K)

By Nicholas Economos, CRPS ® Let’s start with a simple fact. There is a retirement crisis in America, and the statistics are grim. According to the Center for Retirement Research, 62% of private sector employees had a defined benefit pension plan in 1983. In 2010, that number was 19%. Workers didn’t have to figure out…

IS GOLD WORTH ITS WEIGHT IN A PORTFOLIO?

IS GOLD WORTH ITS WEIGHT IN A PORTFOLIO? During a weak global economy and uncertain financial markets, many investors tout the benefits of holding gold. Some proponents claim that gold deserves a significant weighting in most investors’ portfolios. Gold’s often-cited portfolio benefits include a strong long-term return, a hedge against inflation, and safe haven during…

AN UNHOLY ALLIANCE: GOVERNMENT AND BIG BANKS

American business. It used to be,and still most often is, about hardworking men and women who put their time, money and energy at risk running companies. Entrepreneurs start businesses, and those businesses either succeed or fail, based on fair competition. But there is one industry that does not play by these basic rules, and that…