For this quarter’s note, we thought we would wade a little bit into the turbulent stream of risk measurement known colloquially as Beta. Before everyone shouts in unison “boring!”, give us a chance to make the case that this is a worthwhile topic for investors – or at least for their investment managers.
Articles & Whitepapers
There is a long-standing practice amongst money managers and investment advisors to send out an annual letter to clients. These are generally infinitely forgettable affairs, and mostly backward looking. So, in this year's letter we wanted to give people just one number to remember the year in financial terms: 14.
Unsung heroes who are helping produce pivotal changes in multiple areas of Miami-Dade County are being put forward by observers as long overdue for credit. Gene C. Sulzberger is one of these heroes.
Building financial security means sticking to a smart strategy and thinking ahead. Success comes from spending less than you earn, investing wisely, and protecting against unforeseen challenges. To be truly prepared you should probably have an emergency fund.
As of this article’s submission, tariffs have been big economic news. Tariffs are taxes levied by governments on imported goods. The United States has been moving over the past 20-plus years to a free trade environment. The United States has been removing tariffs on imported goods; and, other countries have been removing the tariffs they have imposed on US goods they import.
In the past 20 years, ETFs have become one of the most popular investment vehicles. They offer lowcost access to as set classes for investors. With over $1 trillion in assets under management, the ETF structure has become one of the fastest growing areas of the financial markets. There was one ETF in 1993 known as the SPDR (the S&P 500 Depository Receipt). Now there are over 2000 ETFs, representing many asset classes.
Investment advisors at big-name firms and the investors they serve often find themselves in a tug-of-war between the company’s recommendations, and the client’s own ideas. Clients might want to invest in a hot start-up like Tesla Motors, while corporate policies put the brakes on that plan. Frustration with not being able to let clients breathe is one of the reasons Gene Sulzberger struck off on his own.
An area of investing that has been increasing in popularity over the past number of years is the business development corporation (BDC). Many of you may be invested in them, but some of you may not be familiar with them. As banks have retreated from making loans to middle market companies, a competitive industry of BDCs has grown in the marketplace. A main reason their popularity has risen over the past few years is because of the healthy dividends they tend to pay – yields of upwards of 10%. There are publicly traded BDCs and privately held BDCs that investors may consider.
Unlisted real estate investment trusts (REIT) and direct participation programs (DPP) have been popular investment vehicles, in particular between 2009 and 2015. The pull back...
From the casual observer’s perspective, U.S. investment management firms may all look alike. However, there are important differences that investment consumers should be aware of when selecting an investment firm.
This is the time of year when a form is provided to you at work asking about what you plan to contribute to your 401K plan (or other retirement plan) at work. With many of these plans, your employer may match your contribution.
The prospect of interest rates increasing in the near future is inevitable. Many expect later this year for interest rates to start creeping up in .25 percent increments. Investors have been keenly aware of these low interest rates with the low interest payments offered by bonds, bond funds and other fixed income-like (or interest bearing) investment vehicles.