Newsletter

Client Newsletter    Volume XXIX   Number 4  May, 2024 Download PDF   From The Economist magazine dated March 2, 2024 (subtitle: Stockmarkets are booming. But the good times are unlikely to last): “Everywhere you look, stockmarkets are breaking records. American equities,... Read More →

Client Newsletter    Volume XXIX   Number 3  February, 2024 Download PDF   From The Economist magazine dated December 2, 2023 (subtitle: We crunch the house-price data across every county—with surprising results): “For years new homebuyers in American have enjoyed lower housing... Read More →

Client Newsletter    Volume XXIX   Number 2   November 1, 2023 Download PDF   From an online article of the same name by Jeffrey Quiggle dated May 3, 2023: “A young questioner named Chris, according to KATR News in Phoenix, AZ., asked... Read More →

Client Newsletter    Volume XXIX   Number 1   August 1, 2023 Download PDF   When I began assisting clients with their investments, all of our investments were custodied directly by the Vanguard Group, but more than two decades ago, Vanguard got out... Read More →

Client Newsletter    Volume XXVIII   Number 4   May 1, 2023 Download PDF   Almost all of us use banks, generally national banks, to process payments for us, and, occasionally, for conservative investments (e.g. certificates of deposit, CDs).  Earlier this year, a... Read More →

Client Newsletter    Volume XXVIII   Number 3   February 1, 2023 Download PDF   While most of us were on holiday around the end of 2022 (or licking our wounds from both stock and bond investment losses in 2022), the Secure Act... Read More →

Client Newsletter    Volume XXVIII   Number 2   November 1, 2022 Download PDF   The following are excerpts from The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions, a book by Eric Balchunas: “…the... Read More →

Client Newsletter    Volume XXVIII   Number 5   August 1, 2022 Download PDF In an article by Stan Choe of Associated Press, published in the Knoxville News Sentinel (July 22nd edition): “This year’s crazy market swings prove once again how little control... Read More →

Client Newsletter    Volume XXVII   Number 4   May 1, 2022 Download PDF In an article published in the Wall Street Journal (May 18-19th edition of 2019): “…Fewer than 15% of workers who have access to Roth 401(k) plans put money into... Read More →

Client Newsletter    Volume XXVII   Number 3   February 1, 2022 Download PDF In an article published in the Apple phone’s online newsfeed dated January 26, 2022, Mitch Tuchman writes: “The recent stock market volatility, following years of up markets, is nevertheless... Read More →

Client Newsletter    Volume XXVII   Number 2   November 1, 2021 Download PDF In an article quoted in section IV below, an annual cost of 0.04% is quoted as “nearly nothing” for a stock index fund. Vanguard’s Total Stock Market Index ETF now... Read More →

Client Newsletter    Volume XXVII   Number 1   August 1, 2021 Download PDF Let me begin with a disclaimer. I don’t particularly like real estate. I live in an apartment. My view of life is that I will be happier if... Read More →

Client Newsletter    Volume XXVI   Number 4   May 1, 2021 Download PDF My thanks to a client who sent me this, dated Feb. 4, 2021, by Neil Irwin: “Many parts of the GameStop story—the wild swings over the last couple of... Read More →

Client Newsletter    Volume XXVI   Number 3   February 1, 2021 Download PDF If your retirement assets are invested in a mix of stock and bond investments, then you ought to be able to withdraw 4% of that amount per year.  If... Read More →

Client Newsletter    Volume XXVI   Number 2   November 1, 2020 Download PDF On September 3rd, the online version of Barrons, the weekly financial newspaper, reported: “Today’s milestone is in the fund world:  The Vanguard Total Stock Market Index has become the... Read More →

Client Newsletter    Volume XXVI   Number 1  August 1, 2020 Download PDF First, note well that I am not an attorney.  If you are involved in settling an estate (paying off creditors, selling assets <home, other investments, automobile>, transferring bequests to... Read More →

Client Newsletter    Volume XXV   Number 4  May 1, 2020 Download PDF The coronavirus’ effects are causing negative economic effects, large ones.  Corporations are losing sales, making losses rather than profits, letting off workers.  Their suppliers are, likewise, contracting.  Workers without... Read More →

Client Newsletter    Volume XXV   Number 3  February 1, 2020 Download PDF These excerpts, from an article by the same name, appeared in the January 11, 2020 edition of The Economist (subtitle: “New research suggests that secular stagnation has been around for... Read More →

Client Newsletter    Volume XXV   Number 2  November 1, 2019 Download PDF As background, I am a Registered Investment Adviser, registered with and regulated by the State of Tennessee (and not by the federal Securities and Exchange Commission (”SEC”) because I assist... Read More →

Client Newsletter    Volume XXV  Number 1   August 1, 2019 Download PDF Morningstar is the largest provider of information on mutual funds and ETFs (exchange traded funds).  Headquartered in Chicago, it runs an annual conference for investors and investment advisors.  (I attended... Read More →