Dollars & Sense Blog

A Convergent Wealth Advisors Blog

August 13, 2014
The dog days of summer are leaving investors hot under the collar lately, with volatility and fear creeping back into the markets after a very long vacation. July ended poorly for stocks (the DJIA posted its worst one-day drop since February), snapping a string of five consecutive monthly gains.... read more
July 30, 2014
Co-authored by Doug Wolford On July 22, 2014, two different courts came to opposite conclusions on whether premium tax credits (i.e., subsidies) are available to consumers who purchase health insurance coverage on the federal exchange. At issue in both cases was the interpretation of Internal... read more
July 10, 2014
It has been five years since the recession ended, and the economic recovery is still trying to find its footing. The first quarter’s revised GDP report was shockingly dismal, yet it only punctuates what, by many measures, has been one of the weakest recoveries in modern history. Since the current... read more
June 11, 2014
Another month, another record high for U.S. large cap stocks. One could get used to this sort of thing, as the bull market that began five years ago continues in full swing with nary a hiccup. However, some worry that complacency might be setting in. Is a lack of volatility something to be worried... read more
May 15, 2014
It appears spring has sprung—at least for the economy. After a chilly start to the year (both in the economy and stock markets), recent economic data are turning mostly positive. Many believe the dismal first quarter GDP report, which showed U.S. growth stalling, can be largely attributed to a... read more
April 23, 2014
What if you spent a lot of time, effort, and money on carefully drafting your estate plan, only to realize that you forgot to incorporate a significant portion of your assets? With more and more personal details maintained within social media, what happens to these “digital assets” and accounts... read more
April 15, 2014
In past blogs I've spent time talking about cyber-risks on the Internet, but what about the risks in our physical world? We still have many assets, such as documents and possessions, that are not yet digital, and they deserve just as much attention and protection as our virtual assets . . . perhaps... read more
April 14, 2014
Make no mistake, we are long-term investors. In our opinion, developing and adhering to a strategic allocation policy are key determinants to achieving investment goals. That being said, there are environments when a dynamic approach to asset allocation, rather than relying solely on static models... read more
April 10, 2014
Sorry, this piece isn’t about what it might sound like it’s about. “Investments of passion” are typically high-quality, collectible or luxury items that you are passionate about—typically antiques, fine wine, sports and historical memorabilia, timepieces, vintage automobiles . . .  and much more.... read more
April 8, 2014
Equity markets reacted swiftly and negatively to new Fed Chairperson Janet Yellen’s first press conference. The culprit? Yellen made the first official comment from the Fed regarding when ultra-low short-term interest rates may begin to rise (six months after the end of Fed tapering—or spring of... read more
April 3, 2014
Philip Seymour Hoffman’s Will – A Real Life Tutorial  Tragedy struck on February 2, 2014 when Philip Seymour Hoffman, a celebrated actor, unexpectedly died at the age of 46. Hoffman was survived by three minor children, ages 10, 7 and 5, and his long-term girlfriend, Mimi O’Donnell. His estate has... read more
April 2, 2014
Even the rocky rollout of is likely to be a mere tremor compared to the larger and more profound tectonic shifts that will change the old, familiar landscape of healthcare in the United States—for the rest of our lifetimes. And the impact of these changes on your wealth—and wealth... read more