Search Results:
Inflation Today. Is it CPI or MyPI?
It’s easy to think of inflation as financial weather – something we must endure and can’t control. While it’s true we can’t individually control the prices that grocers, automakers and landlords charge, we can, and should, control what we spend. We’re all familiar with the Consumer Price Index, or CPI. It tracks the cost of groceries, rent, utilities and other goods and services most of us use. When the cost of men’s sweaters go up, so does the index.
Five Reasons Investing Gets Harder as You Get Wealthier
It’s a paradox of wealth. As your net worth grows and you start thinking investing will finally get easier, you may find the opposite is true. It turns out that choosing the right investments and financial advisors can become more difficult, or at least more confusing, as you amass assets. Here are five reasons why. 1. Instant popularity. With increased…
Trust and Estate Strategies
However unpleasant or dull the idea might seem, the trust and estate planning process is the true backbone of your family’s wealth. What happens after you’re no longer around to make family wealth decisions will either be based on your clearly documented instructions or the decisions of a judge. Shouldn’t you be the one to decide what happens? Here are…
Spring Ballet
With the 2018 Season coming to an end, Boston Ballet is closing out the year with 2 classical performances: “La Sylphide,” a 19th-century Danish love story and “Classic Balanchine,” a trio of pieces from the American Ballet Icon, George Balanchine. To purchase tickets click the button below.
What If Amazon Enters The Asset Management Business This Year
Amazon’s entry is not a joke and it could happen soon according to a Vanguard executive who was in town last week for the Vanguard investment confab. Not only that, a number of prominent retailers could launch wealth management offerings as financial advice is commoditized and scaled even further to reach the smallest investor. Costco and Walmart come to mind. The executive acknowledged that Vanguard is actively planning to compete with technology-driven companies that have never been in wealth management. They take the threat seriously.
When the music stops
Markets hum along to their own beat and rhythm, until they don’t. From time to time, the music suddenly stops. It might be fears of a trade war that trigger a sudden silence and jarring price dislocations. It might be Korea, protests in Jerusalem, or bankruptcy fears in China. We typically get no advance warning, and never know how long…
A Passion for Patterns
The MFA has a new exhibit. “M.C Escher: Infinite Dimensions” is a first-time combination of 50 original prints from public and private collections. The showcase explores themes central to Escher’s career including reflections, perspective, and transformation. Viewing of the exhibit is free with admission.
Investing Is Much More Than Numbers And Graphs
I’ve always felt an advisor must do much more than open accounts, analyze investments, trade securities and send quarterly reports. I’ve continually looked for deeper, better ways to relate to and communicate with clients – ways that help both parties understand and maximize the benefits of investing. That’s what led me to a fantastic leadership retreat this past weekend created by ex-Google employee #107 called Search Inside Yourself (SIY).
Bubbles Are Not Irrational
The word “bubble” can be an emotional trigger for investors, immediately stoking fear and anxiety. Pundits and economists may refer to bubbles as irrational market anomalies, but there’s much more to the story than that. Here is some context so that you can understand the investor mindsets and strategies that spawn them.
