Dollars & Sense Blog

A Convergent Wealth Advisors Blog

September 15, 2015
Investors have gotten a reminder of what volatility looks like, as U.S. stock markets have recently fallen into correction territory. Trepidation has surrounded two somewhat contrasting worries: (1) China’s stalling economy may induce a global slowdown; and (2) the Federal Reserve’s apparent... read more
August 27, 2015
Passive Tools – Make Sure to Look Under the Hood   A brief note on passive, or index-oriented strategies. The past decade has experienced a dramatic explosion of index-oriented investment tools in the form of mutual funds and ETFs. The indices these tools are designed to replicate can be very... read more
August 24, 2015
What's unnerving investors these days? Perhaps the fact that developed market equities are joining in a sell-off that had (to-date) been largely limited to Natural Resource Equities, Commodities, and Emerging Markets Equities. Until recently, investors have treated this slowdown as one that was... read more
August 11, 2015
The End of the Bond Bull Market? The Federal Reserve is expected to begin raising short-term interest rates later this year, perhaps as soon as September. Citing an improving U.S. labor market, this pending shift in monetary policy, along with a steadily improving economy, should place upward... read more
July 14, 2015
The Chinese stock market has been on a wild ride in recent weeks, unsettling investors and sending ripples throughout global financial markets. Combined with the ongoing Greek saga, some might get the sense that global markets are in peril. As the world’s second largest economy, any Chinese market... read more
July 6, 2015
We are a firm that has always believed that the foundation for financial success begins with a sound and nimble wealth plan. That said, incorporating the basics related to protecting assets after death, or in the unfortunate event of becoming incapacitated, is often times where people have a... read more
July 1, 2015
The reality of a Greek default is not unprecedented. In fact, a person has a better chance of experiencing a Greek default in their lifetime than being struck by lightning. Including 2012, Greece has defaulted on its debt six times in the last 200 years (1826, 1843, 1860, 1894, 1932 and 2012), and... read more
June 30, 2015
How do you preserve family wealth across multiple generations? It’s not easy—it takes work. Sustaining a financial legacy can be a surprisingly complicated task, fraught with emotion and difficult decisions. More resources don’t necessarily ease the burden either. Often, greater wealth means even... read more
June 8, 2015
  Much attention was placed on the recent Commerce Department report showing that the U.S. economy shrank in the first quarter. While worrisome on the surface, as quarterly contractions are rare during expansions, a deeper look suggests this might not be a harbinger of a protracted slowdown or... read more
June 2, 2015
Much has been written about human frailties and their propensity to undermine investment success (some by me1). Sam Ro’s Business Insider article “If you missed the rally, then you probably just made the most classic mistake in investing” does a nice job summarizing data to support the notion that... read more
May 20, 2015
When it comes to investing, it's not what you make but what you keep (post fees/taxes) that counts. And while fees can get heavy, taxes are by far the private investors' greatest expense. For those who do not pay strict attention to tax-efficiency when constructing portfolios or making investment... read more
May 7, 2015
Life is unpredictable—at least that much we can predict! The best laid plans can turn on a dime due to many factors including weather, health, timing or just plain old luck (good or bad). Anyone trying to make a connecting flight through Chicago in the winter can certainly relate to the fickle... read more