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Estate Planning: Don’t Die Trying

Estate Planning: Don’t Die Trying

Estate planning isn’t difficult but it is time consuming if you want to do it right. According to a new study by Caring.com, only 40% of Americans currently have an estate plan of any sort at all. What that means is that nearly 60% of adults in the US have left no guidance whatsoever if […]

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Starting the Conversation about Wealth Transfer with your Family

Starting the Conversation about Wealth Transfer with your Family

Talking about money with family members is not easy. In this short post, I will try and lay out a few pointers that make a difficult situation a little easier and at least get the conversation started. It is best to start at a high level and developing a layered strategy. My hope is that […]

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Charitable Moves You can Make with Your IRA

Charitable Moves You can Make with Your IRA

The IRA has long been viewed by the investment community as one of the best vehicles for saving for your own retirement, hence the name, Individual Retirement Account (IRA). What most people don’t know is that you can make charitable donations directly from your IRA and that it may reduce your overall tax burden. It’s […]

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Culture, Investor Behavior, and the Market

Culture, Investor Behavior, and the Market

Investors, being human, are not always perfectly rational, but sometimes make decisions that are influenced by their emotions or cognitive biases, which can effect market prices in interesting and predictable ways. Such is the one sentence summary and motivating principle behind behavioral finance, a topic I’ve written about quite a bit here myself. But how […]

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Party Like it’s 1929

Party Like it’s 1929

The S&P 500 finished the year up 11.96% for 2016, marking the eighth straight year in a row the US stock market has posted a gain in what is now the 2nd longest bull market in history. And if this keeps up through March it will become the number one longest bull market in US […]

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Postmodern Finance Part 8: Peace, Love, Happiness, and Arbitrage

Postmodern Finance Part 8: Peace, Love, Happiness, and Arbitrage

Imagine an alien race with no concept of money was observing the earth from afar, trying to understand us humans. What might they say about our civilization? I imagine their reports might sound something like this: The humans are unparalleled in their propensity to cooperate in order to achieve their common good. Most people do […]

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Trump and Capitalism’s Wild Week

Trump and Capitalism’s Wild Week

Last Tuesday, 18.9% of Americans made their voices heard and elected Donald Trump as 45th president of the United States.[1] What immediately preceded and followed the surprise turnout was perhaps one of the strangest handful of days in market history. The Nonpartisan Market? I have had to eat my words in the wake of this election. […]

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Feigning Independence as Birds of a Different Feather

Feigning Independence as Birds of a Different Feather

It’s the beginning of November and we can all be thankful that the election season will soon be over. While there is no shortage of turkeys on Capitol Hill this year (nor any year for that matter) one lucky turkey will traditionally be spared by the president. Regrettably, however, we as citizens won’t be spared the […]

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Postmodern Finance Part 7: 21st Century Personal Finance

It’s 2016, extreme poverty is on the verge of disappearing from the earth, private companies are planning manned flights to Mars, you’re probably reading this on a portable device that’s millions of times more powerful than the computers used for the first lunar mission, and there’s two ideas I keep hearing over and over again: […]

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Seasons Change and Change is Exciting. What has happened in 2016

Seasons Change and Change is Exciting. What has happened in 2016

As we move into Fall, I wanted to take a little time to reflect on what has happened in 2016. It is truly hard to believe that it is almost October already and Fall is right around the corner. It has been a dynamic year so far in so many ways for the markets, our […]

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