In this blogpost, in addition to discussing the paperless office question I will share some information regarding inflation, techknowledgy¹ and the continuing value of investment diversification. But, first a brief update for our asset management clients follows below: Midway through the 4th quarter of 2015 our investment clients are all experiencing positive growth. The paperless office has been a dream of many… Read more →
Category: TechKnowledgey
Security, Securities and More.
Asset management clients of Financial Planning Associates, Inc. please note that your 3rd quarter preliminary reports have been posted to your secure folder. Our clients lost some value during the quarter, typically 5% to 7%. Because securities have been “on sale” we have been purchasing assets in those accounts where it is appropriate. In the longer term we believe this will… Read more →
Volatile Markets, Sarah, and Inflation.
Many of our clients will have noticed that some of their accounts have been accumulating cash during recent months, and that some of that cash has been used to purchase shares of securities during the past couple of weeks. This is according to plan. Normally, our clients hold securities which make periodic distributions of cash. Those distributions are not automatically… Read more →
Automation: More of the Story.
Please forgive me for “harping” on this, but I think it is important in order to understand some aspects of today’s economic situation. ZDNet just published a good piece on the effects of automation. Automation in the 21st century could (at least partially) explain why inflation continues to be lower than “normal”, why your pay increases have been less than you expected, why… Read more →
2nd Quarter Reports and Some Wisdom from Honest Abe.
Our clients’ preliminary 2nd quarter reports have been posted. Final reports, including CPI information will replace the preliminary reports toward the end of the month. Of the twelve investment categories commonly used and shown below, eight were negative for the quarter. Investment Category Representative ETF 2015,Q2 iShares NASDAQ Biotechnology (IBB) 8.51 Vanguard Healthcare (VHT) 4.58 iShares Russell 1000 (IWB) 0.54… Read more →