Single Point of View
Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.
Seth Corkin: SPP Welcomes New Personal CFO
Single Point Partners is very excited to announce the addition of our newest Personal CFO, Seth Corkin. I was first introduced to Seth through a pro-bono financial planning initiative we are both engaged in. Through these initial interactions, it was immediately clear to me that he is a highly talented individual with a passion for financial planning and a strong [...]
When a “Dream College” Isn’t So Dreamy
For a few weeks this summer we were once again lucky enough to have Liam Cronan join our office as a summer intern. Liam has just finished his freshman year in college, he'll be spending the second half of his summer working on a political campaign. While Liam was here he worked on a number of projects, the most prominent [...]
Stock-picking Mutual Funds die hard… for now
The ability of traditional Mutual Fund stock-pickers to deliver out-performance has been decaying for 2 decades. A recent WSJ editorial by renowned finance scholar Burton Malkiel sites the most recent stats published by Standard-&-Poor's and they are absolutely ugly. •“More than 90% of active US managers under-performed their benchmark indexes over a 15-year period.” •“Over 85% of small-cap managers under-performed [...]
Making Your Estimated Tax Payments Online
With tomorrow being June 15th, we wanted to update this post from last year as a reminder to pay your quarterly tax estimates. Below are the links to simplify things and make these payments online. For many of us who have income that is not subject to tax withholding (for example: earnings from self-employment, interest, dividends, rents, alimony, etc.) April [...]
Who is an Aging Life Care Professional, and What Do They Do?
As financial planners, we are often tasked with answering the question of how our clients will fund their advanced care needs later in life. However, who is helping you make the choices on how, and by whom, that care is provided? In this Guest Blog Post, Kate Granigan (CEO) & Anna Pollard (Dir of Clinical Services) of Life Care Advocates [...]
Markets are not always efficient, nor right
Of the 46 previous declines of -10% or more in the stock market (S&P500), a little more than a third (19) became bear markets, defined as a drop of at least -20%. Most of the -10% pull-backs – as sharp and painful as they are - turned out to be just false signals and momentary detours as the market resumed [...]