December 2020 Client Letter

America’s pension fund managers face some difficult choices. With bond yields near record lows and pension liabilities rising, pension managers have to choose between taking more risk or asking for employers and employees to make greater contributions.

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November 2020 Client Letter

One of the costliest investment mistakes you can make is overreacting to current events and political or economic instabilities.

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October 2020 Client Letter

A combination of market volatility, political and economic uncertainty, and many unsettling events in the U.S. have delivered one of the most challenging and unusual years we have faced as investors. The year began on a positive note.

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September 2020 Client Letter

As you plan for your retirement, or if you are already retired, what is your primary financial consideration? For many of you, the primary reason to save and invest is to provide income during retirement. From what clients have told me over the years, planning for retirement and actually being retired require two different mindsets.

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July 2020 Client Letter

If you thought the FAANG stocks were hot, check out silver. The FAANG stocks may grab the headlines in the financial press, but silver has doubled from its March lows. Gold prices have also been in an uptrend. Gold hasn’t rallied as much as silver, but gold is trading at a new all-time high, and it is up an impressive 28% YTD.

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