Investing is Like a Box of Chocolates

Eight Week Winning Streak Over – Time to Sell?

David B. Armstrong, CFA Weekly Market Commentary

The Dow and the S&P 500 both broke eight-week winning streaks. It has been an impressive run-up in prices, but not without precedent. Everyone remember 2013? Well in case not, we had a nice strong bull market in 2013. No two periods are exactly alike, I get that, but comparing key metrics and some of today’s concerns with 2013 offers …

I Love This Post on Earnings

Earnings – You’ll Love this Post

David B. Armstrong, CFA Weekly Market Commentary

The market highs have been front and center in the news and the President’s twitter feed, with the S&P 500 Index racking up eleven closing records in the month of October. The index has finished higher for eight straight weeks. That’s pretty impressive. It was also notable to see the Nasdaq 100 (QQQ) lead the way higher this week versus …

Tax Reform and Infrastructure Spending

Hurricanes, the Economy and Tax Reform

David B. Armstrong, CFA Weekly Market Commentary

Our thoughts go out to all of those who have been impacted by Harvey and Irma. There have been a lot of great charitable contributions over the past two weeks but if you are still looking to do something, please consider the animals.  As most of you know, I’m one of those people who treats my dogs as if they …

election trading

Our Quick Election Thoughts

David B. Armstrong, CFA Weekly Market Commentary

As I watched the markets “crash” overnight, I was reminded of the Interactive Broker’s commercial that is the picture in this blog post. It features a woman sitting down to a dinner date saying, “Markets are a mess, everybody’s selling…wow the market’s already down 2%, I’m sorry I need to do some hedging trades!” I was thankful that the market …

U.S. News and World Report Smarter Investor

5 Things Everyone Should Know About Death and Taxes

The Monument Wealth Management Team Featured Articles

When tragedy strikes, be financially prepared. Halloween is right around the corner, meaning so is the busiest time of year: Thanksgiving, the winter holidays, Valentine’s Day, and my all-time favorite season finale – tax day. With visions of the Grim Reaper in my head, I am reminded of the two inevitabilities that we all (begrudgingly) accept: death and taxes. Having …

U.S. News and World Report Smarter Investor

Taxed or Not: Where to Hold Your Retirement Cash

The Monument Wealth Management Team Featured Articles

When saving for retirement, many people use a combination of tax-deferred and taxable investment accounts. But how should you allocate your portfolio between them? Is it better to put high growth assets in the tax-deferred accounts or is it better to put tax inefficient assets in them? The answer may be both, but there are definite strategies to consider when …

U.S. News and World Report Smarter Investor

Tax-Deferred Investing Matters More Than Ever

The Monument Wealth Management Team Featured Articles

There’s an anonymous quote that is very fitting given the new realities of our current tax environment, “I’m putting all my money in taxes — it’s the only sure thing to go up.” Yes, taxes have gone up for many Americans, and it’s my opinion that our politicians will continue with the eternal battle of taxes and spending for years to come. …

U.S. News and World Report Smarter Investor

Use a Roth 401(k) to Boost Retirement Saving

The Monument Wealth Management Team Featured Articles

There’s a case for a Roth as new 401(k) options emerge. Many companies are starting to offer employees the choice of Roth 401(k)s as well as traditional 401(k)s. Both are tax-favored accounts. A traditional 401(k) invests pretax money and is taxed upon withdrawal, while the Roth 401(k) invests post-tax money and is not taxed upon withdrawal. Which is a better …

U.S. News and World Report Smarter Investor

Where Money Can Go When You Die

David B. Armstrong, CFA Featured Articles

Death, taxes, and your cash. Given the current environment, a lot of people ask me, “Dave, what do you think is going to happen with the fiscal cliff?” My response: I have no idea. Seriously. And neither do you or anyone else writing about the subject. I don’t think President Obama knows either. And really, is Washington’s decisive moment going …

Monument Wealth Management in the New York Times

Hasty Decisions May Cost More Than Higher Taxes

Outside Resource Featured Articles

With all the ominous talk of tax increases and a “fiscal cliff” if President Obama and Congressional leaders can’t agree on a plan to avert automatic tax increases on Dec. 31, some investors may be tempted to act soon to take advantage of the current tax rates. Read more…