What can the 1918 influenza pandemic, the so-called “Spanish Flu”, teach us about how the markets have responded to current health concerns—and also how to act accordingly? There has been a “protracted discounting” of the market and the underlying value of the stocks since the highs in mid-February 2020. The stock market once again continues […]
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Bonds, Interest Rates, and the Impact of Inflation
There are two fundamental ways that you can profit from owning bonds: from the interest that bonds pay, or from any increase in the bond’s price. Many people who invest in bonds because they want a steady stream of income are surprised to learn that bond prices can fluctuate, just as they do with any […]
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Risk Management and Your Retirement Savings
By investing for retirement, you are helping to manage a critically important financial risk: the chance that you will outlive your money. But choosing to invest is just one step in your financial risk management strategy. You also need to manage risk within your portfolio to help it stay on track. Following are steps to […]
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What To Do In 2020?
In a phrase, keep investing in stocks. At the risk of appearing blindly bullish, this eternal optimist will attempt to provide some context for BWFA’s thinking going forward into 2020 and our overall approach to investing for our clients. As you may imagine, we are cautiously optimistic in our outlook for stocks generally, and our […]
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Converting Investment Assets to Retirement Income
During your working years, you’ve probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will provide adequate income throughout your retirement years. SETTING A WITHDRAWAL RATE The […]