Q4

Experimenting with the Truth

Experimenting with the Truth

In the 1950s psychologist Solomon Asch conducted a series of experiments to investigate the extent to which social pressure from a majority group could affect a person to conform. Asch’s experiments were simple vision tests. A group of eight male college students were placed in a room, shown a card with a line segment on it, and then shown another card with three line segments labelled A, B, and C. One of the line segments on the second card was the same length as the line segment on the first card, while the other two line segments were clearly of a different length. Participants were asked to write down their answers and then give their answers aloud. Seems like a pretty straight forward experiment, but there was a twist.

Herd Behavior and Market Volatility

Herd Behavior and Market Volatility

Over the past 80 days, the US stock market has declined about 11%, and over the last 365 days, it is down about 1%.  Foreign stock markets have declined about 9% over the last 80 days and are down about 10% for the last 365 days as well.  The US bond market, typically a good hedge to the risk of stocks, hasn’t delivered much protection during the same time periods, being up about 1% in the last 80 days and down about 1% for the last 365 days.

Tax Planning: The Donor-Advised Fund (DAF) and Bunching Charitable Contributions

Tax Planning: The Donor-Advised Fund (DAF) and Bunching Charitable Contributions

Prior to the passing of the Tax Cut and Jobs Act (TCJA) in December of 2017 you likely enjoyed the tax deduction that came with your charitable contributions – no matter the size of the donation.  If you lived in a state where you paid state income taxes and had high property taxes you were probably itemizing your deductions (See NJ, NY, CT, and MA – just to name a few).

Sustainable, Responsible, and Impact (SRI) Investing Conference

Sustainable, Responsible, and Impact (SRI) Investing Conference

Earlier this month I had the opportunity to attend the 29th annual SRI Conference in Colorado Springs, Colorado. The SRI Conference is the premier annual gathering of sustainable, responsible, and impact investment professionals working to direct the flow of investment capital toward a truly sustainable future.

Positivity in a Sea of Negativity

Positivity in a Sea of Negativity

Over the past few weeks the focus of our weekly posts has been on the volatility in the global equity market. We have sought to provide some insight into what’s driving global stocks lower and provide perspective on how frequently drawdowns like the one we are currently mired in occur. We hope these insights and perspectives have been valuable for you and helped to give you peace of mind.

How Often Should You Check Your Portfolio?

How Often Should You Check Your Portfolio?

It goes without saying, this has been a challenging year for investors. Every asset class has experienced significant loss at one point or another – International Equities, US Bonds, and recently, US Equities. As much as we say uncertainty and risk of loss is the cost of realizing long-term capital returns, times like this can make even the most rational long-term investor fear the future.