The question we've been getting more often from retirees living off withdrawals from their portfolio is " Should I take less money out of my accounts given the market decline?". In the 3rd episode of Behind the Curtain, Seth Corkin and I share our conversation addressing this question.
We talk about the role of bonds in your portfolio as the "safer" component of your money. But how safe are they in times like this? In the second installment of Behind the Curtain, Rene and I share a clip of our conversation addressing this question.
"Should I open my investment statement this month?" One of the best things about working with a talented group of people is the ability to collaborate and brainstorm. Thinking through questions from clients together is part of our daily routine at SPP. We thought we'd try something a little different and bring you into the [...]
News is moving fast so we wanted to provide a couple of updates to the below (as of 3/20/2020): Taxes: The tax filing deadline has now been moved to July 15th to match the change to the payment deadline that was made earlier this week. We encourage you to continue to move forward with your tax [...]
The Markets take the stairs up and the elevator down. To those of you who have worked with Single Point for years I probably sound like a broken record. I hope so, that is the point. We are consistent in our approach to advising you on your investments. We purposefully talk about the elevator rides [...]
You all know we are a financial planning firm, investments are but a piece of your overall planning. Having said that, once a quarter we do let the investment folks have their time in the sun and allow them to share their thoughts. Hope you find Rene's quarterly commentary helpful. It has been 5 days [...]
This quarter RJ addresses the recent announcements from three major custodians (Schwab, TD, & Fidelity) that they are lowering their trading costs to $0. You know nothing is free, so RJ shines a light on how custodians really make money and our focus on the all-in costs to our clients when helping you choose who [...]
We're happy to bring you our quick quarterly markets update video from our CIO, Rene Jarquin. We urge you to please take part in the very important survey below as well!
Groucho Marx famously said… “I would never want to join a club that would have me as its member” Similarly, banks love nothing more than to lend to borrowers who have no need to borrow. And the high-net-worth clients of banks’ brokerage or wealth management units are an obvious object of their affection: the portfolios they [...]
Should we fear a replay of the 1970’s High-Inflation era? Today’s jobs report points to an unemployment rate of 3.7% - the lowest since 1969, the year when the worst outbreak of inflation began to be felt. From 1969 to 1982 inflation spiked to 7.3% annually and wrecked stock and bond returns – which were negative [...]
