Financial markets continued their downward trend in the third quarter as stocks (as measured by the S&P 500 SPDR ETF – SPY) lost 4.9%. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) fared a tiny bit better, posting a -4.7% total return, and a 60% stock/40% bond portfolio lost 4.8%. …

Financial markets continued their downward trend in the second quarter as stocks (as measured by the S&P 500 SPDR ETF – SPY) lost 16.1%. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) fared a bit better, posting a -4.6% total return, and a 60% stock/40% bond portfolio lost 11.5%. …

A Powerful Tool To Help Clients Plan For Retirement For a comfortable retirement you should be able to pay your basic living expenses without worrying about running out of money. For a truly satisfying retirement lifestyle you would also include sufficient money to pay for other purchases and activities that go beyond your basic needs. TCV…

Dear Trust Officer: Last year I bought ten Ethereum coins for $2,000 each.  I was planning to trade them for an NFT (a non-fungible token), an art investment that has become popular lately.  My coins are now worth about $3,500 each, and I’ve found the NFT that I want.  Do I have to worry about…

2022 got off to a rocky start as stocks (as measured by the S&P 500 SPDR ETF – SPY) lost 4.6% in the first quarter. Surprisingly (or perhaps not surprisingly) the U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) was down 5.9%, and a 60% stock/40% bond portfolio lost 5.1%.  Over…

DEAR TRUST OFFICER: What portfolio management steps should I take on account of the new war in Europe? —UNSETTLED INVESTOR DEAR UNSETTLED: First, depending upon what you own, an impact will be made on your portfolio by the actions taken by multinational companies, many of whom already have cut their ties with Russia.  So even…

2021 charged across the finish line as the S&P 500 SPDR ETF (SPY) gained 11.1% in the fourth quarter. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) was down slightly (-0.1% return), and a 60% stock/40% bond portfolio gained 6.6%.   Again, that was just the fourth quarter. For…

Digital currencies (or cryptocurrencies) such as bitcoin are not just a fad.  They are resources with potentially significant value, which is why the IRS is increasingly focusing enforcement efforts on collecting data in this area. In 2014 the IRS ruled that cryptocurrency is “property” rather than currency. Accordingly, cryptocurrency is subject to capital gains tax…

The well-stimulated economy continued to power along in the third quarter of 2021, but the S&P 500 SPDR ETF (SPY) barely squeaked out a 0.6% gain. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) was flat (-0.01% return), and a 60% stock/40% bond portfolio gained 0.3%.  Year to date,…

Thanks to the internet and YouTube, doing-it-yourself has taken on a new life.  For example, a young person we know was able to diagnose a problem with his clothes dryer, then order the key part and install it, thus saving the cost of an in-home repair.  Information that once might have been hard to find…