Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.
At any given time in your life you may find yourself with a sudden windfall. Perhaps you've inherited money or a stock portfolio after a relative passed away. Or maybe you have built a successful business over the years that you were able to sell. So what to do with all that money?
Read MoreThere is a lot more to successfully managing your investment accounts than you may think. Read on for two things you probably do for which it would be beneficial to get some help from the pro's.
Read MoreRead this article by wealth advisor Elizabeth Caputo for tips on how to set achievable, realistic financial goals for the New Year so that you actually have a chance of accomplishing them.
Read MoreAfter 107 days of the Trump Presidency, we believe that this administration is determined to be the wildest reality TV show of all time. People say, "War is God's way of teaching us geography." Perhaps Donald Trump is God's way of teaching us about the Federal Government?
Read MoreFiveThirtyEight.com was the most conservative, forecasting an electoral split of 272-268 in favor of Clinton with a 66% probability of success. The mood among Republican operatives, even the candidate himself, was despondent. No candidate in modern electoral history who polled so badly post Labor Day had ever won.
Read MoreAt this point, everything that can possibly be said about this election has been said. Whether you dislike Trump more than Clinton, or dislike Clinton more than Trump, the horrible, miserable conclusion is just days away.
Read MoreAfter 11 Republican, 6 Democratic debates, caucuses and primaries in 18 states, the delegate count for Republicans and Democrats is as follows: Trump 329 (1,237 needed to win nomination), Cruz 231, Rubio 110, Kasich 25, Clinton 1058 (including 458 super delegates, 2,383 needed to win nomination), Sanders 431 (including 22 super delegates).
Read MoreA miserable start to the New Year, with US stocks down 7.9% in January, European markets down 7.4-11.4%, and Japan down 10.9%. The biggest declines are in Shanghai down 17.7% YTD and down 43.7% from an all-time high.
Read MoreWith the United States & Europe mired in depression, newly elected US president Franklin D. Roosevelt. delivered these words in his first inaugural address:
Read More2015 was a year where asset allocation came up empty. Generally speaking, if we spread our clients' money across multiple assets classes, some will do better than others, generating positive returns no matter what.
Read MoreA very short bulletin as stocks settle into the close. The S&P 500 peaked September 18th at a record 2,011.18, but since fell 8.5%, which leaves the major average down 6.2% on the quarter and up just 1.6% on the year.
Read MoreOn March 9th, 2009, the S&P 500 made an intra-day and 20 year low at 676.53. Millions of Americans drew a straight line from the mid-September 2008 failure of Lehman Brothers through that March low and projected that the S&P 500 would be zero by June
Read MoreAs US stocks hit a 6 month low two weeks ago on October 15th, we wrote, "The CNN Fear and Greed Index hits "Extreme Fear" (but we're not selling...)". In hindsight that was a good call because US stocks, as represented by the S&P 500, rallied significantly over the next two weeks and closed at the 35th record high of the year on October 31st.
Read MoreThe cruise ship sank. The passengers are gathered in the lifeboat. The officer in charge knows how to reach safety, just over the horizon. If the passengers trust him, sit in their seats, pull on the oars and bail when necessary, all will make it home.
Read MoreWe have the pleasure of spending quite a bit of time among the "1 percenters" - American families whose annual income exceeds $500K. Our favorite cocktail party question this summer is: "Given everything you've heard recently, do you think the stock market is up or down this year?"
Read More
