Blog

October
16

Provided by: Your Family CFO Team

There’s a new kid in town: narrative economics

Last week, Richard Thaler was awarded the Nobel Prize in economics. His work in behavioral economics and finance recognizes not all economic and financial decisions are made after rational reflection. In Nudge, he wrote: “The workings of the human brain are more than a bit befuddling. How can we be so ingenious at some tasks…

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October
09

Provided by: Your Family CFO Team

Slow and steady…

It has been 332 days since the Standard & Poor’s 500 (S&P 500) Index experienced a 5 percent drop, reported Barron’s. If there isn’t a selloff on Monday or Tuesday, this will become the longest rally without such a drop. During this period, the Index has gained 33 percent. Think about that for a moment:…

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October
05

Provided by: John Jespersen

Caring for a Parent – Proactive Planning: Ten Wise Considerations

Most of us have heard about the Sandwich Generation: those who are caring for children and parents at the same time. Longevity has made it increasingly possible that at some point in life you will be involved in the planning or direct care of a parent – if you have not or are not caring…

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October
02

Provided by: Your Family CFO Team

A lot happened in the 3rd quarter of 2017, but not much changed.

The bull market in U.S. stocks continued to charge ahead. Traditional measures of valuation continued to suggest the market is overvalued, but some analysts argued it’s different this time. The Economist explained: “The current [cyclically-adjusted price-to-earnings] ratio of 31 suggests that stocks are about 50% over-valued – a figure that has only been exceeded in…

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September
25

Provided by: Your Family CFO Team

Geopolitics, what is it good for? Absolutely nothin’!

In January, Robert Kahn of the Council on Foreign Relations wrote in Global Economics Monthly: “Markets showed impressive resilience in the face of a range of geopolitical shocks in 2016, but recent market moves suggest this year could be different…It should be the year that global geopolitical risks provide the volatility in markets that I,…

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September
19

Provided by: Vince Pastorino

Medicare Open Enrollment for 2018

By Insure.com – Last updated: July 11, 2017 Open enrollment for Medicare runs from Oct. 15, 2017 to Dec. 7, 2017 for plans starting Jan. 1, 2018. While the future of the private health insurance market continues to be uncertain, Medicare open enrollment is running like it has for years. As a Medicare beneficiary, you have…

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September
18

Provided by: Your Family CFO Team

The Markets

“In theory, there is no difference between theory and practice, in practice there is.” Yogi Berra was talking about baseball, but the concept also applies to diversification, according to the GMO White Paper, The S&P 500: Just Say No. From the title, you might think the authors – Matt Kadnar and James Montier – don’t…

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August
28

Provided by: Your Family CFO Team

Hope Floats

Optimism about possible pro-growth economic policies, including tax reform and deregulation, helped U.S. stock indices finish higher last week, reported Barron’s. It wasn’t all smooth sailing, though. Stocks bobbed up and down as investors’ optimism was weighted by concerns about a possible debt-ceiling battle and government shutdown. CNN offered some insight to the historic economic…

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August
22

Provided by: Your Family CFO Team

Here, there, and everywhere….

Markets around the world appear to be benefiting from global economic recovery. After pointing out the United States’ economy is the heart of the global financial system, Barron’s reported: “The Standard & Poor’s 500 index has tirelessly amassed 30 record closes this year, but is up just 1.2 percent since March 1. Meanwhile, nearly every…

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August
16

Provided by: Jon McGraw

What’s Happening in Your Real Estate Market

Eight years ago nothing was happening in the real estate market.  Buyers were hunkered down, sellers couldn’t sell and foreclosures were everywhere.  Today, we continue to see the exact opposite.  Listings are receiving multiple offers in a matter of days and many properties are selling over asking price. If you are interested in what is…

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