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Investing Archives | Page 2 of 8 | Wealthspire Advisors

market recap

Summer 2019 Market Recap

Video
In our Summer 2019 Market Recap, Dmitriy Katsnelson and Michael Moriarty of our investments team discuss recent market trends and what to expect looking ahead. Wealthspire Advisors is the common brand and trade name used by Sontag Advisory LLC and Wealthspire Advisors, LP, separate registered investment advisers and subsidiary companies of NFP Corp. This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. The commentary provided is for informational purposes only and should not be relied upon for accounting, legal, or tax advice. While the…
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recession

2019 3rd Quarter Commentary: “The Recession is Coming! The Recession is Coming! What is a Recession Anyway?”

Market Commentary
One of our least favorite things about investing is the remarkable imprecision of language. There are so many terms like "risk," "momentum," "smart beta", and "asset class" (among many others) that have no precise definition-- and yet, everyone assumes they know what those terms mean. We were thinking about this recurrent complaint while being barraged with articles and narratives about the inevitable coming "recession." While we don't want to seem callous, our concern is with the effect of a "recession" on portfolio returns, not the actual economic effects. Assuming the next "recession" is more of the garden variety and not…
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August 2019 Chartology

Chartology: August 2019

Video
In this month's edition of "Chartology", Deputy Chief Investment Officer Dmitriy Katsnelson provides context around today's low-yield environment. Welcome to our latest Chartology where we're going to be talking about yield. It's a topic that's been more and more prevalent in the news as of late. It's been one that we've been answering a lot of questions from with clients. So we want to spend a little bit of time today just providing a little bit of context of where we are today relative to the past, and also what that potentially means going forward. In front of you, you…
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retirement savings

A “How To” Guide to Retirement Savings for the Self-Employed

By and Blog
Recently, we received a call from a client who had previously retired but had decided to get back into the game and provide consulting services as an independent contractor. Part of the conversation was a discussion of the different approaches to consider in deferring income recognition and investing some of these newly earned funds in a tax efficient manner. Below we review some of the most common retirement savings strategies a self-employed person could utilize, and explore the pros and cons of each: Traditional IRA A traditional IRA is a method to save for retirement with tax benefits. Contributions made…
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2019 2nd Quarter Commentary: “From Fear to FOMO”

Market Commentary
It was just over six months ago that we penned a piece about the then market sell-off, cautioning against knee-jerk reactions to short-term headlines such as “Worst December Since 1937” amongst others. Well, it did not take long. At 4:01 ET on Friday, June 28, a headline flashed across the Bloomberg terminal: “S&P 500 Has Best First Half of Year Since 1997.” This time around, we again urge calm, in this case against the fear of missing out, or FOMO. We often write about why we choose to be strategic investors, and will not rehash it all here, but there…
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buybacks

Stock Buybacks: The Battle of Perception vs Reality

By Blog
Recent years have seen growing popularity in share buybacks, the process whereby a company repurchases outstanding shares of its own stock. The argument is that when lacking better investment opportunities, companies should return capital to shareholders, reduce share count and that will ultimately support the stock price. Buybacks are catching the attention of politicians as well. There are concerns that companies are not spending a sufficient amount on employees or reinvestment in projects that would be beneficial to the broader economy. In this discussion, we take a look at the growth in buybacks, the ramifications for investors and address the…
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mortgage invest

Should I pay off my mortgage or invest?

By Blog
Most of our clients will at some point ask if paying off—or more aggressively paying down—their mortgage is a prudent financial decision. The answer to this question, like most complex financial decisions, is that it depends. Several factors should be considered with the help of a financial advisor to determine if it makes sense to pay off your mortgage or use your financial assets elsewhere. For the purposes of this article, we are seeking to help answer this question for one’s primary residence versus an investment, or rental property. Cash Flow Planning One of the first steps in determining if…
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yield curve

The Yield Curve: An Imperfect Indicator in Evolving Market Conditions

By Blog
The U.S. Treasury Yield Curve inverted recently for a few days, which provoked hand-wringing and doomsday predictions from all the usual market commentators in all the usual places. So let's examine this phenomenon, starting with the simple question: What is an inverted yield curve anyway? An inverted yield curve is simply the unusual case of short-term interest rates being higher than long term.  Under normal circumstances, you wouldn't lend money to anyone for a longer period at a lower rate - it just makes no sense. That's why inverted curves don't happen very often. But all yield curves are not…
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2019 1st Quarter Commentary: “When Hindsight Isn’t 20/20”

Market Commentary
“Before, You Are Wise; After, You Are Wise. In Between, You Are Otherwise.” -David Zindell Most of us are attracted to round numbers.  Attentions peak around calendar years and familiar anniversaries that have meaning beyond the numbers themselves.  Rarely do we celebrate someone being at a company for 28.14 years or ask about performance over the last 3,147 days, but we do celebrate 20-year reunions and the beginning of a new century.  So, for a society fond of round numbers, the opportunity arrived in early March to count and reflect.  Ten.  In our experience, ten is the number kids get…
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