President Trump recently unveiled a sweeping set of tariffs on exports from dozens of countries into the United States. Tariffs are duties imposed on imported goods by a government. They are intended to protect domestic industries, encourage local production, and generate tax revenue. In fact, tarif...
For one, our moods are often driven by relative, not absolute results. What I mean by that is, most people compare themselves to others or some benchmark to assess how they’ve done.
If I said to you that your portfolio made 14% last year, would you be happy? The answer is, “it depends.” What do...
Tariffs are taxes levied by governments on imported goods. They aim to raise revenue, protect domestic industries, correct a trade deficit, impose political pressure on other states or deliver a combination of these goals. - Investopedia
With the new administration, there will always be uncertain...
“It’s Not How Much You Make, It’s How Much You Keep.”
— Robert Kiyosaki (Rich Dad, Poor Dad author)
One issue we’ve encountered over the past few years of strong market returns is the accumulation of embedded unrealized gains in taxable accounts. Remember, each year, a taxable account incurs...
The market boomed again in 2024 for the second year in a row. 2022 seems like ages ago, the last bad year for the markets. I wrote then about how bad it was in aggregate because 2022 was the first year that both stocks and bonds were down double-digits (typically bonds rise when stocks fall).
In 20...
Wealth consultants play a vital role in helping people achieve their financial dreams. They guide you through the complex world of finance, ensuring that your money works for you. With their expertise, you can create a solid plan that aligns with your goals, making your journey to financial success ...
At Noble Wealth Management, our mission goes beyond enriching lives through financial planning. We believe in creating meaningful impact in our community, through hands-on volunteer efforts and financial support. As we reflect on 2024, we are grateful for our clients whose trust and partnership make...
This is part II of “What We Are Doing in A Likely Low Future Returns.” You can read that here.
In part I of this memo, I detailed how current valuations suggest that future returns will be downright terrible. Goldman Sachs recently updated their projections, which suggest only 3% nominal returns pe...
I’ve been on this bandwagon for some time now but as the market zooms, we have to wonder what future returns will look like. The S&P 500 is on pace for its second straight 20%+ annual return. This has only occurred five times over the last 75 years, per Bloomberg.
20%+ returns in the market in a...
As we approach the upcoming presidential election, I want to address any concerns you may have about its potential impact on your investments.
I’ve received several emails asking what we are doing ahead of the November 5th election. The answer is simple: NOTHING!
There is a general rule of thum...
A common question I receive is ‘what interest rate does the Federal Reserve Bank (“Fed”) control’ and ‘how does it affect me?’ Since I’ve received the question a few times, here’s a memo!
The Fed controls the very shortest maturity rate called the Federal Funds rate. It is the interest rate that ba...
The First Rate Cut Since 2020
The Fed cut the interest rate they control (called Federal Funds) for the first time since March 2020 – during the panic of Covid. They started with a larger half a point cut. That was the right call in my opinion as inflation is down to 2.6% year-over-year and unemplo...
