For many if not the majority of those who are approaching retirement, it is difficult to overstate the importance of this question. With the diminishing of
When asked how people can improve their investment experience, our first response is to focus on the things they can control and not on the things over which
In behavioral finance, the endowment effect refers to the observed tendency of people to assign a higher value to an asset merely because they own it. On a
The second quarter saw healthy gains for most segments of the U.S. equity market and losses for the foreign equity markets. Bonds suffered a small overall
In general, interest income from municipal bonds is exempt from federal taxes, and for in-state municipal bonds, state taxes can be avoided as well. Given
To all investors who have ever asked us what they can do to meet their financial planning goals, at Clarity Capital Advisors, our answer has invariably
For very high net worth people looking to maximize the impact of their charitable giving, a private foundation comes to mind. Its primary advantage is the
Many investors are unaware that Morningstar® reports two different types of returns for mutual funds. The one we are all familiar with is the “Trailing
Harry Markowitz, the Nobel laureate founder of Modern Portfolio Theory, called diversification “the only free lunch in finance.” Increased diversification
If we could summarize the first quarter of 2018 in a single word, it would, of course, be volatility. This was all too obvious from the repeated headlines
This past Tuesday (3/13/2018), the 10th Circuit Court of Appeals upheld a Kansas district court decision in favor of the Department of Labor, rejecting the
In Warren Buffett’s 2017 letter to shareholders of Berkshire Hathaway, he lays out the details of his overwhelming victory in his 10-year bet on a Vanguard