The Big Picture

APRIL 3, 2023

trillion as of the end of 2022. Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing. The group also names 2022’s Best of, including Fund, Asset Class, Region, and Industry of the Year (all found here ). Its an amazing collection of charts and data.

Assets 312

Assets Consulting Taxes Marketing 312

The Big Picture

SEPTEMBER 29, 2022

But the -23% of the SPX may not be the biggest story of 2022: The single most important change has been the end of the bond bull market that dates back to 1981. 2022 may not be 1981-82, but for the first time in several years, bonds are attractive investment options. 1 and 2 are good, I suspect 3 is problematic.

Economy 312

Economy Taxes Marketing Marketing 312

Abnormal Returns

NOVEMBER 23, 2022

Strategy The normalization of interest rates is going to change how people invest. behaviouralinvestment.com) Why wealthy investor don't invest aggressively enough. arstechnica.com) Venture capital Just how deep in the hole is Masayoshi Son on his Vision Fund 'investments'? abnormalreturns.com) Don't borrow money to invest.

Financial Advising 245

Financial Advising Advertising Economy Economics 245

Abnormal Returns

OCTOBER 22, 2023

(awealthofcommonsense.com) How time horizon affects the odds of investing in equities. morningstar.com) How to avoid investment disasters. thestreet.com) Ark Invest's ETFs have built up plenty of tax losses to carry forward. brklyninvestor.com) Fund management Vanguard is no longer always the low cost option.

Financial Advising 276

Financial Advising Media Economy Taxes 276

The Big Picture

NOVEMBER 2, 2023

If you are in a top tax bracket and have residency in a high-tax state with strong credit quality – think Ohio, New York, Massachusetts, California, Connecticut, etc. – Previously : Cash Is No Longer Trash (October 27, 2023) Understanding Investing Regime Change (October 25, 2023) How Many Bear Markets Have You Lived Through?

Taxes 288

Taxes Portfolio Marketing Marketing 288

The Big Picture

APRIL 19, 2023

( The Atlantic ) • How 2022 Became a Record Year for US Income Taxes : An asset-price boom, a progressive tax code and inflation interacted to drive effective rates higher than ever. Bloomberg ) • Tax season is getting longer. Now the process is working in reverse. Blame climate change. So You Want to Launch a Hedge Fund?

Taxes 272

Taxes Assets Management Marketing 272

Abnormal Returns

FEBRUARY 13, 2023

Podcasts Daniel Crosby talks with Tom Howard about behavioral finance vs. behavioral investing. citywire.com) Taxes Five tax mistakes to avoid when it comes to stock options, RSUs, etc. riabiz.com) The number of CFPs grew some 5% in 2022. (fa-mag.com) forbes.com) A ten-point Medicare primer.

Clients 245

Clients Retirement Financial Services Taxes 245

The Big Picture

JULY 25, 2023

Pomp points out that: “I am, however, arguing that the total return percentage traditionally quoted is not what people actually achieve in their brokerage account because of taxes. I have addressed Tax Alpha before ( see this and this ); but Pomp indirectly raised a very different issue: Why do people underperform their own assets?

Assets 246

Assets Accounting Taxes Economics 246

The Big Picture

NOVEMBER 27, 2023

This is before we get to the issue of capital gains taxes, which create a hurdle of (minimum) 20% on those pesky profits just to get to breakeven. 3 Imagine a private placement memorandum seeking to raise money based on “ decades of honed instincts ” as an investment model. It’s utterly laughable. More on this later.

Marketing 304

Marketing Marketing Math Retirement Planning 304

Nerd's Eye View

FEBRUARY 8, 2023

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. In 2022, the TSP underwent a series of changes impacting its many account holders. But given that the U.S.

Planning 246

Planning Retirement Retirement Planning Government 246

Cornerstone Financial Advisory

OCTOBER 31, 2022

Source: Econoday, October 28, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, October 28, 2022 Companies mentioned are for informational purposes only. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. Get tax help.

Marketing 105

Marketing Marketing Economics Taxes 105

The Chicago Financial Planner

OCTOBER 21, 2021

Health insurance plans with an annual deductible of at least $1,4000 for a single person and $2,800 for a family qualify for use with HSAs in 2021, with no change in these limits for 2022. The money goes into the account on a pre-tax basis much like a traditional 401(k) or IRA. These limits increase to $3,650 and $7,300 for 2022.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

Nerd's Eye View

JUNE 26, 2024

And so the conundrum of people with "too much" savings in their 529 plan – either because they overestimated how much they needed to save, or because they chose a different path entirely that didn't involve going to college – has been how to get funds out of the plan without sacrificing a large part of their value to taxes and penalties.

Education 189

Education Retirement Taxes Distribution 189

Good Financial Cents

JANUARY 19, 2023

A major decision in retirement planning is whether to make pre-tax or Roth (after-tax) 401k contributions. Pre-tax contributions go into your retirement account with money that has not been taxed, and then taxes will be paid when the funds are withdrawn in retirement.

Taxes 97

Taxes Retirement Accounting Consulting 97

The Big Picture

SEPTEMBER 20, 2022

Some Are Tax Traps. Chief Investment Officer ). • ‘Poison’ Ivy Zelman—the analyst who predicted the 2008 housing bust—sees U.S. Fast-forward to 2022, and Zelman once again has housing bulls sweating. How Patagonia’s ownership bombshell changes the game for American business : Forget woke capitalism or some tax scheme.

Taxes 295

Taxes Banking Education Sales 295

The Big Picture

SEPTEMBER 28, 2023

Even as inflation peaked in June of 2022 and fell from 9% to 3%, people remained angry. The Fed began its policy of ZIRP and QE while Congress put forth a puny extension of unemployment insurance and a modest temporary tax cut. The rate of change may have fallen, but everything remains more expensive.

Government 306

Government Medicine Economy Healthcare 306

Integrity Financial Planning

JUNE 12, 2023

As you plan for retirement, it’s important to consider tax optimization strategies to minimize your tax liabilities. Here are three key ways to optimize taxes in retirement, based on information from sources published between 2022 and 2023.

Taxes 92

Taxes Retirement Consulting Financial Planning 92

The Big Picture

DECEMBER 12, 2022

RWM is a discretionary RIA, which primarily invests in stocks and bonds via ETFs, Mutual Funds, and Direct Indexing. Illiquid investments do have some appealing aspects: Start with the illiquidity premium, the return above traditional stocks or funds. April 28, 2022). But I am very familiar with the product.

Accounting 299

Accounting Commission Investments Investing 299

Good Financial Cents

DECEMBER 22, 2022

You’ll be rewarded if you can invest it for the long haul. As this compound interest calculator demonstrates, investing $30,000 at a return of 8% for 20 years will leave you with $138,828. But where should you invest your $30,000? Table of Contents 16 Best Ways to Invest $30,000 in 2023. Invest in ETFs.

Investing 108

Investing Investments Risk Tolerance Accounting 108

Abnormal Returns

DECEMBER 11, 2022

Top clicks this week Nick Maggiulli's favorite investment writing of 2022. bloomberg.com) Six year-end financial moves to consider including 'tax loss harvesting.' blog.validea.com) The 10 best books of 2022 including "Trust" by Hernan Diaz. morningstar.com) How much wealth does it take to crack the 0.1%? nytimes.com).

Risk Management 163

Risk Management Taxes Management Investments 163

The Big Picture

NOVEMBER 20, 2023

Worth mentioning: MSCI notes over $30 trillion is invested globally using ESG strategies. Nuance can get lost when investing strategies become politicized, Perhaps a little history might help shed some light on the subject.2 No wonder socially responsible investing has become so politicized – that is a lot of cash up for grabs.

Taxes 195

Taxes Portfolio Investments Investing 195

The Big Picture

AUGUST 30, 2023

1 The Executive Summary gives you the flavor of the timing issue: “The persistent gap between the returns investors actually experience and reported total returns makes cash flow timing one of the most significant factors—along with investment costs and tax efficiency—that can influence an investor’s end results.

Assets 243

Assets Investing Investments Taxes 243

Good Financial Cents

DECEMBER 29, 2022

According to a recent Gallup poll , more than half of American adults (58%) have money invested in the stock market. Although the median holdings (amounts invested) vary based on age, income, and other demographic factors, it’s clear that Americans see the value of investing — even if their exposure is limited to a workplace 401(k).

Investing 119

Investing Investments Accounting Commission 119

The Big Picture

APRIL 18, 2023

My Two-for-Tuesday morning train WFH reads: • With the Odds on Their Side, They Still Couldn’t Beat the Market : In 2022, conditions were heavily in stock pickers’ favor, but most trailed the market. He sits on Blacktone’s Board of Directors and its Management Committee and serves on many of the firm’s investment committees.

Engineering 278

Engineering Economics Taxes Economy 278

The Big Picture

MARCH 21, 2023

TRB ) • Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems : The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review. ( It has always been a disaster but with a few great pieces. (

Banking 289

Banking Investing Investments Management 289

Carson Wealth

DECEMBER 5, 2024

High net worth households gave nearly $35,000, on average, in 2022. In 2022, Americans contributed $85.53 The Tax Impact of Charitable Giving The personal financial and income tax impact from charitable giving can affect the size of the gift and the timing of giving. There are more than 1.8

Taxes 119

Taxes Nonprofit Accounting Assets 119

The Chicago Financial Planner

OCTOBER 20, 2021

This increases to $19,560 for 2022. For 2021 this increased limit is $50,520, for 2022 this limit is $51,960. Any money that may have been withheld from your benefits such as taxes or Medicare premiums. Social Security and income taxes . The tax levels are: Tax filing status. Combined income. %

Retirement 192

Retirement Financial Planner Taxes Distribution 192

Nerd's Eye View

OCTOBER 4, 2023

Furthermore, inflation, though down from its peak in early 2022, remains above the Federal Reserve's long-term target of 2% despite the bank's attempts to tamp it down. What's driving many of the economic conditions today are higher interest rates resulting from the Fed's efforts to fight inflation. And even though U.S.

Valuation 246

Valuation Economics Economy Marketing 246

The Big Picture

OCTOBER 27, 2023

For the decade1 from 2012 to 2022, 10-year Treasuries yielded less than 3% and averaged closer to 2%. Investment grade Corporates gave you a little more, between ~3-4% at somewhat higher risk levels with minimal default rates. And this was before the 2022-23 rate hiking cycle.

Portfolio 147

Portfolio Government Wealth Management Clients 147

Good Financial Cents

AUGUST 23, 2022

When it comes to choosing the best short-term investments for the next five years, there are three main factors to focus on — liquidity, expectations, and risk. You will likely achieve a lower return than the best long-term investments offer as a result, yet that’s the price you pay for keeping your investment “safe.”

Investing 116

Investing Investments Accounting Banking 116

Mish Talk

NOVEMBER 29, 2022

A 30-year-fixed mortgage with 5% down (including principal, interest, taxes, insurance and maintenance) on such a home cost $3,058 a month, while the median monthly rent on such a single-family house was $2,170, based on John Burns research.". Who Cares How We Get There Rate Hike Odds for December 2022. next year and neither do I.

Sales 285

Sales Economics Consulting Economy 285

Wealth Management

JANUARY 17, 2023

In a call detailing Morgan Stanley’s Q4 earnings, Chairman and CEO James Gorman said he expected the company’s wealth and investment management businesses to become a larger portion of the firm’s pre-tax profits.

Wealth Management 101

Wealth Management Management Taxes Investments 101

Random Roger's Retirement Planning

JUNE 16, 2024

We've all seen Tweets or notes in articles or other places where someone says something like $1000 invested in Amazon in nineteen ninety whatever would be worth a gazillion dollars today. In 2018, Nvidia was down 30% versus 4% for the S&P 500 and in 2022 it was cut in half versus 18% for the S&P 500.

Investing 90

Investing Investments Clients Taxes 90

Abnormal Returns

NOVEMBER 21, 2022

wiredplanning.com) Douglas Blake, Managing Director of Investment Services at Kingswood U.S., morningstar.com) Delaying taxes in retirement isn't always the best strategy. thinkadvisor.com) How Notice 2022-53 has affected the tax code. talks with Joshua Brown about the changing landscape for financial advisors.

Financial Planner 148

Financial Planner Asset Allocation Recruitment Financial Advising 148

The Big Picture

MAY 26, 2024

One reason the private-market sector is shifting to private wealth is institutional appetite for alternative investments has weakened, and major fund managers need new sources of capital. A foreign government is trying to silence US critics of its authoritarian turn — and it’s succeeding. (

Commission 162

Commission Management Government Retirement 162

The Big Picture

SEPTEMBER 14, 2023

Following the breakout success of Future Proof 2022, this year’s event was even bigger and better — almost 3,000 attendees and nearly 200 sponsors. I made it back home from California late last night after a long day of travel and an exhausting but absolutely exhilarating week. appeared first on The Big Picture.

Wealth Management 147

Wealth Management Risk Management Management Taxes 147

Nerd's Eye View

JULY 17, 2023

In the early days when financial advisors were first and foremost salespeople for insurance and investments products, the reality is that "advisor training and education" wasn't really about finance or advice… it was mostly just about learning how the company's products worked and how to effectively sell them to consumers.

Ethics 245

Ethics Financial Advice CFP Financial Advisor 245