Posts by W.A. Smith Financial

What Is the Beige Book?

The Federal Reserve’s Federal Open Market Committee (FOMC) evaluates a plethora of factors before making any monetary policy decisions at meetings, which generally take place eight times a year. One source that helps inform their policy decisions is the “Beige Book,” which is the informal name for the FOMC’s “Summary of Commentary on Current Economic…

Read More

Why Retirement Portfolio Design Should Be Flexible

There is one predominant reason why retirement portfolio design must be approached differently today than in previous years: There is an infant alive in this world, right now, who is expected to reach age 200.1   That’s the prediction from demographers researching life expectancy trends, according to Olivia Mitchell, a business economics and public policy…

Read More

Common Investing Mistakes

In our personal lives, we have a conscience that keeps us from doing not-so-nice things. Sometimes we even get a creepy-crawly feeling when we think someone may be up to no good.   Fortunately, there also are some common red flags that warn us about things we should avoid when investing. For example, it’s usually…

Read More

Examining the work/life balancing act

Researchers have estimated how much of our lifetime is spent on various activities. For example, based on a lifespan of 80 years, the average person will spend:1   26 years sleeping 7 years trying to get to sleep 13 years at work 8 years watching TV 5 years eating 3 years on social media 3…

Read More

The Growing Popularity of Annuities

Annuities are nothing new; in fact, they’ve been around since Roman times, and maybe even before that.1 But they’re seeing a modern-day surge in popularity, fueled by pre-retirees and retirees concerned about stock market volatility and outliving their retirement income.   The fixed annuity market experienced significant growth between 2017 and 2018, with a 25…

Read More

Where Is Dad’s Money?

Imagine if, sadly, Dad dies or becomes incapacitated. You’re in charge of handling all his financial affairs, from managing his investments to putting income sources in place for Mom.   There’s just one problem: He was an old-school guy who never consolidated his assets or set up online accounts. Also, it appears he worked with…

Read More

Pros and Cons of Legislative Inertia

While the 2020 presidential election gains steam, it seems that the passion for new legislation has taken a backseat. As of July 1, the Democrat-controlled House of Representatives had passed 169 bills this year1 while the Republican-dominated Senate had passed 61.2 Unfortunately, as of the same date, this divided impasse had produced only 24 enacted…

Read More

2019 Midyear Outlook

Kiplinger recently noted that the U.S. stock market appeared more resilient than ever, having bounced back from a devastating end of 2018. Employment remains relatively steady, inflation flat and the Fed has indicated reticence to increasing interest rates through the end of the year. In fact, the only headwinds for the rest of the year…

Read More

Tech Talk: Energy Innovation, Machine Learning and Artificial Intelligence

Technology is the largest single segment of the stock market — bigger than the industrial and financial sectors. It’s also an industry of constant innovation and unlimited potential, presenting enormous investment opportunities for both institutional and Main Street investors. This is great for tech companies needing substantial capital to fund research and development for new…

Read More

Don’t Avoid Family Conversations About Money

One of the first discussions a young couple may have when starting a family is about affordability. How will they pay for child care? Will one spouse quit their job to stay home and raise the child? Here are a couple of interesting facts that may enter that equation:1   The average income for first-time…

Read More
Call Now Button