Blog

    Is the Back-Door ROTH soon to be Out the Door?

    On September 13, President Biden and Democrats released a comprehensive proposal that if enacted would impactalmost all areas of tax planning. For now, this is just a proposal, but there are some things you can do before the endof the year to make sure you are taking advantage of planning strategies that may not be…

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    The New Reality

    Q3 2021 Compass Review Last quarter we reached an inflection point, and the markets are trying their best to adjust. Part of that adjustment is simply recognizing what the current reality is, and the other part is trying to anticipate what the new reality will look like next year and beyond. At this point, much…

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    Diagnosing the Economy: Q3 2021 Review

    The economy and markets are often described in medical terms, as if we were diagnosing every economic cycle and had a prescription for every market illness.   So it’s not surprising that the current applicable term for the state of the world is that we are in recovery after suffering a severe illness, both figuratively and…

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    The Case For Stock Selection

    The performance of our stock portfolios is largely dependent on the performance of the broad stock market.  This is not an accident.  We purposely select stocks that represent the market and diversify by industry and market capitalization.   We do this because modern history tells us that the stock market provides the best and safest return…

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    Where do we go from here?

    Since the onset of Covid 19 the US government earmarked $5 Trillion for financial relief, small-business loans, bailouts, PPE, state aid, and vaccine development.  That is a remarkable 22% of expected 2022 US GDP virtually borrowed from a digital printing press at the Federal Reserve.  This is on top of a US economy that was…

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    Trying to Supersize Your Retirement Savings? A Mega Backdoor Roth IRA Conversation Could Come in Handy

    Reaching retirement is exciting, but having enough to maximize your quality of life during retirement is key. You’ve likely heard of a backdoor Roth IRA, but for some looking to maximize their withdrawals in retirement, a mega backdoor Roth IRA may be the way to go. What is a mega backdoor Roth IRA? Below we’re…

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    Is It Supposed To Be This Easy

    Should Tesla be worth more than Wal-Mart and JP Morgan combined?  Should just six stocks make up nearly 30% of the value of the S&P 500?  Should bitcoin, a “currency” with no government backing and subject to massive swings in value be worth one trillion dollars?  Should it be possible to bring companies public based…

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    The Pandemic Adds to Bifurcation

    The gap between the rich and the poor in the US has steadily increased for many years, but the Covid 19 pandemic accelerated the pace of divergence. Service and nonessential manufacturing workers are suffering the brunt of the economic dislocation, while highly paid office workers, and most professionals and retirees have escaped relatively unscathed. The…

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    Stocks Only Go Up

    If you follow the financial media you’ve come across numerous stories on day traders taking over the stock market on their Robinhood app.  People with little investment knowledge making large and loud bets on airlines and cruises using scrabble tiles to pick tickers.  The line has been drawn between “Davey Day Trader” and his army…

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    The Mind of the Market

    What is the stock market thinking? The world economy is nearly shut down, with no idea when it will get back to normal. Unemployment is the highest since the great depression. Few companies can predict next quarter’s earnings, much less next year’s. Still the stock market is barely in correction territory and pricing in business…

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