Reviving your 401(k)

A few weeks ago, reporter Rebecca Lake from U.S. News & World Report wrote an article titled “How to revive your 401(k) in your 50s,” providing readers with tips on how they can breathe life into this retirement savings vehicle. I shared some of my insight with Rebecca, but wanted…

Passive investing primer

Over the last several years, a debate between “passive” and “active” management has been raging in the investment industry. So far, the passive approach is winning – with the majority of net investment dollars recently flowing into index-oriented mutual funds and Exchange Traded Funds (ETFs). Passive investing has become so…

Money market reform finalized

As a follow up to last year’s discussion on proposed money market reforms, we can now report that the U.S. Securities and Exchange Commission (SEC) has finished its work, and the reforms have been finalized. The new rules, which will go into effect in October of this year, were put…

The Peter Principle

Peter Lynch, legendary manager of the Fidelity Magellan Fund and one of the greatest investors of all time, once said that you should “never invest in any idea you cannot illustrate with a crayon.” With this simple concept in mind, we present brief sketches of each of the 20 largest…

Investing 101 for millennials

Investing can be intimidating, especially if you’re new to it and try to do it alone. As an advisor and a millennial myself, I’d like to shed some light on the importance of investing and working with an advisor, and I’ll begin with my single, best piece of advice…start early.…

Munis outperformed in 2015

Given that munis generally follow the pattern of Treasuries, the outperformance provided a nice hedge against other broad based indices. Longer dated and lower credit munis outperformed shorter dated maturities as the extra yield became attractive. Contrary to conventional wisdom, a high proportion of the performance came after the Federal…