Q4 Wealth Management News & Client Events
News, Stories, and Events related to your wealth, assets, and investment management
In Disney’s movie Up, Dug is the lovable dog that wants to please but gets a bit distracted and barks his famous ling “SQUIRREL!!!”. For us investors, there are so many “squirrels” vying for our attention that it is hard to stay focused on our end goal. This season’s Folio by One Capital Management uses an analogy of a woman walking her border collie off leash through Central Park. While the women represents the economy and the dog represents the stock market they both take very different paths to get to the same place. And while the dog is way more entertaining to watch, the women walking steadfast is the one we should pay attention to.
This folio pays a visit to 1991 and the economic trends and lessons learned. And then fast forwards to 2018 and 2019 with what we’ve experienced and what may be on the horizon. OCM Spring Folio 2019
Women are making significant progress in both business and retirement arenas. Still have some improvement to do when it comes to feeling confident with investments and overall retirement. At Q4 we empower women investors through education, empathy, and engagement.
Two annual reports that are fun and interesting are 18 Facts About Women’s Retirement Outlook … and Nine Steps to Improve It TAC Women 2018 and The 2018 State of Women-Owned Businesses Report by American Express SWOB Am Express 2018. Hope you will find some inspiration in those pages!
We are sharing the One Capital Management Playbook for Winter 2019. It is designed to share their quarterly views in a visual presentation with comments providing context to what they believe are the pertinent issues of the most recent quarter and what they see moving forward.OCM Playbook Winter 2019
Understanding today’s new deal between the U.S., Mexico and Canada requires a look back at the family tree of previous trade agreements. Each agreement passes down some of it’s genetics to the next in line. Canada’s Foreign Affairs Minister used the metaphor of child birth to that of the negotiations for this new agreement. “The contractions may be painful but each one gets you closer to the baby.” And just like adding a new member to the family, there is a lot of anticipation regarding the inevitable change that will ensue.
Take a look at One Capital Management’s Autumn Folio 2018 to better understand the agreements and how they may affect the markets. OCM Autumn Folio 2018
So you’re wondering where you should invest your money in the energy sector. Based on the One Captial Management Summer 2018 Folio, it may not be where you think. There are many factors that come into play when thinking about where is the safest place to invest your money. While the world seems to be moving in the renewable energy direction, we still have to consider how much of the world population relies on fossil fuels despite the negative environmental impact. Although there is a slow decline, 40% of energy consumption used to produce electricity is still with coal and the abundant inventory of natural gas. Read more about One Capital Management’s thoughts on investing in the Energy Sector in the OCM Summer Folio 2018.
DON’T LET YOUR NEST EGG BE RESPONSIBLE FOR REPLACING YOUR HOME & POSSESSIONS
You’ve often heard us say “build a moat” around your personal wealth. Insurance is one part of that moat and reviewing it on an annual basis or as changes occur in your life is important.
Recently we went through our own insurance analysis; including Life, Car, Health, and Homeowners. And although some of it was painful … (health insurance premium increases, etc.) it was an excellent exercise to ensure that if something happened to our home, our nest egg wouldn’t be affected.
Rising property values and home improvements are obvious items that one thinks of when evaluating home insurance. However, changes such as decks, flooring, artwork, appliances, etc. shouldn’t be overlooked. The holidays and new year are known for such upgrades to entertainment systems, appliances, and luxury items. Be sure to update your policy accordingly.
To assist you when you review with your insurance provided, the Insurance Information Institute offers these thoughts:
- Start with recent purchases and work backwards
- Prioritize big-ticket items like art, jewelry and antiques
- Take photographs of individual rooms, drawers and possessions
- Perform a walk-through video and describe the contents as you go
- Create an electronic inventory or use list-making software
Be sure to store all of the above in your Q4 eMoney Vault so that you will have it in a secure place. If you need assistance logging into your personal website to do so, please contact us.
If you’ve lived in your home longer than 5 years, chances are it will cost more to replace than is currently on your policy. Take time out this season to make sure your home and your nest egg is properly protected.