Market Indifference: How Presidential Elections Impact Your Portfolio
With the 2024 presidential election coming up, many investors wonder how the outcome could affect their investment portfolios. Historically, there has been a perception that Republican presidents are better for the stock market, while Democratic presidents are better for the bond market. However, statistics shows that the market responds indifferently to which party wins the […]
NYSaves 529 Direct Plan – Target Enrollment Portfolios
For those saving in the NYSaves 529 Direct Plan, you’ve likely received an email by now announcing the transition from Age-Based Portfolios to Target Enrollment Portfolios happening July 28th, 2023. If you’re currently using a custom allocation from the investment options within the plan, this change will not impact your account. However, if you are […]
Market Commentary: Q1 2022
Stock Markets Not surprisingly, stock markets were volatile this quarter. Faced with a myriad of issues ranging from renewed inflation, historically high equity valuations, winding down the Fed’s “Quantitative Easing”, capped by Russia’s invasion of Ukraine. The largest tech companies held up reasonably well, with Facebook as the only notable exception. Returns from stocks traded […]
How to give to charity in the most tax-efficient manner
Whether it’s giving Tuesday or end-of-year outreach, many non-profits will be asking their supporters for donations as we head into holiday season & year-end. To our readers who are charitably inclined, first let us say thanks for your generosity helping those in need. We also want to make sure you are giving your money in […]