When a hangman’s noose was found in the garage of Black NASCAR driver Bubba Wallace, there was an immediate cry for justice and widespread horror that such events are still taking place. The story unfolded differently, and in hindsight can teach something about...
Investment strategies
Four Facts for June 24, 2020: Treasury Yields, Tech Stocks and Missing Out on Economic Recovery
Five Trends from Covid-19 and How They May Affect What We Invest In
At FourThought Private Wealth we have four main investing principals. First, we acknowledge that we are not gods and thus cannot predict the future. This speaks to the necessary humility that is required in investing and life planning. We are not in control and need...
On Mixed News from the Fed, We’re Doing What We Always Have: Investing in Quality Companies
Two days ago, on June 10 of this week, the Federal Reserve met and proclaimed their intentions: they plan to keep interest rates at or near zero for the foreseeable future. There will be little to no rate increase until at least 2022. And, according to Fed Chairman...
The Tale of Two Sisters: Understanding Sequence Risk in Investing
Once upon a time, there were two sisters. Although the sisters were born ten years apart, they could have been mistaken for identical twins. They both worked hard for many years to build nest eggs for their retirement. The Older Sister Retires with $1 Million to...
Which Way to Economic Recovery?
What are the markets and investments going to do over the next 12-18 months? Most financial advisors will respond, “No one can know, so just stay the course.” At FourThought Private Wealth, we think this is a cop-out. We agree that no one can see the future, but that...
Four Facts for April 27: Comparing Current Unemployment to 2008 and More
https://vimeo.com/412339804
Is Now the Time to Convert Your Traditional IRA to a Roth and Save?
I had a good friend who lived to be 95 years old. Over the course of his final year, he constantly talked about his and his late wife’s 75th wedding anniversary approaching at the end of spring. He wanted to celebrate their life together one more time. Late one April...