Compound Interest – The 8th Wonder of the World

Albert Einstein once said, “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it”. So, what is this compound interest Einstein spoke about? The definition of compound interest is the interest associated with your bank account, loan, or investment account increasing exponentially, not linearly. In Read More

Recipes for Financial Success

Beth GenterSchenley Capital   How do market volatility, inflation, and rising interest rates affect your financial outlook?When the markets are turbulent and volatile for an extended time period, it is difficult to stay the course, although that is exactly the action we are advising our clients. Investors can no longer buy the four popular growth Read More

Recap of the latest Fed rate hike

Monetary policy in the United States is controlled by The Federal Reserve. The Federal Reserve (Fed) controls the money supply through its three “tools”, open market operations, reserve requirements, and the discount rate. The Fed uses its tools to target the Federal Funds Rate, which is the rate commercial banks borrow and lend their excess Read More

The Key to Successful Retirement: What is an IRA?

An “IRA” or Individual Retirement Account is a tax deferred investment account that helps you save efficiently for retirement. Money placed in the account grows tax deferred. Two popular IRA accounts are the Roth IRA and the Traditional IRA.  Choosing a Traditional IRA, you may get a tax deduction on your contributions for the year Read More

Did You Know?

Even though we are Investment Advisors, we feel that it is imperative to discuss Life Insurance as Financial Planners.      EVERYONE could use Life Insurance at some point during his or her lifetime; often, it is about financial security for someone we care about, protecting one’s income, or even assisting in the cost of final Read More

It has been an unsettling January 2022!

     The technology stocks have been hit very hard in this first month of the new year.  Many of the US large growth companies have dropped in price, thus causing the US large cap mutual funds to drop as well.  These US large cap growth companies have been the fastest growers in the past five Read More

Grandeur Peak (GISOX) 2021 Distribution

     Another mutual fund company that we wanted to take note of, is Grandeur Peak (GISOX) due to their extraordinary performance throughout the pandemic. We use Grandeur Peak in many clients’ portfolios in the International Small Company category. Considering all the volatility during COVID-19, this fund stands out above the rest as it consistently performed Read More

Ballie Gifford 2021 Distribution (BGEGX)

      A mutual fund company that we particularly wanted to touch on, that we use in a lot of clients’ portfolios, and has performed with extraordinary volatility this year and throughout the pandemic is Ballie Gifford (BGEGX).  Ballie Gifford’s distribution prediction for their annual distribution is here! The Distribution this year is predicted at $.38! Read More