Dollars & Sense Blog

A Convergent Wealth Advisors Blog

December 10, 2014
Christmas has come early for U.S. consumers this year, arriving in the form of lower oil prices. Such a decline tends to be advantageous for the economy, especially if driven by supply issues rather than demand factors (such as a global recession), as currently appears to be the case.   Since June... read more
November 13, 2014
October has historically been an unsettling time for investors. Not only did the stock market crash of 1929 occur during the month, but the loss in October 2008 during the height of the credit crisis was the worst since . . . you guessed it, October 1987's crash. This year's witching month also had... read more
November 4, 2014
As we noted earlier this year, the Emerging Markets are a disparate group of countries facing a variety of challenges. Coming into 2014, some of the main concerns were the Emerging Markets’ ability to deal with inflation, to work through currency and debt challenges, and to expand growth of middle... read more
November 3, 2014
  “When you come to a fork in the road, take it.” ­ - Yogi Berra   While investors seem to flip flop from bullish to bearish trying to anticipate whether the future is brighter or grimmer, the truth is, it's hard to say. We not only need to weigh whether the economy is improving, but we also need... read more
October 31, 2014
Below is a summary of our proprietary Macro Dashboards, which reveal only one area of concern leading into the recent volatility: prices/valuations. Because the other factors remain positive, our expectation is that what we are currently experiencing is simply a price correction and not evidence of... read more
October 29, 2014
Investor: Is it time to get out of the Market? Advisor: No. Investor: Why not? Bad news is all around us and the current environment is deteriorating . . . rapidly! Advisor: Other than stock prices, what has changed in the last six weeks? Investor: Everything has gotten worse, it seems. Advisor:... read more
October 22, 2014
The Future?   Since Bitcoin is open source, much like the internet, additional layers and functionality can be added on, opening the door to other decentralized applications that do not require intermediaries. For example, Bitcoin can aid in the development of microloans and micropayments,... read more
October 16, 2014
The media has brought the term “bitcoin” to our attention. While negative headlines may prevent bitcoin from being initially accepted as currency, the technology behind bitcoin may have sweeping implications for industries from retail businesses to financial services.    What is “bitcoin?”  ... read more
October 10, 2014
Stocks lost ground in September, as they frequently do—the month is historically the poorest in terms of performance. Non-U.S. equities were hit particularly hard, especially in dollar terms, with the MSCI EAFE index of international stocks falling 3.8%, nearly triple the domestic S&P 500's... read more
September 23, 2014
First question: did you convert your traditional IRA to a Roth IRA last year (e.g., 2013)? If the answer to this question is "no," you can stop here, but if the answer is "yes," this blog may provide some insight for you. Second question: did the aforementioned IRA decrease in value from the time... read more
September 17, 2014
There’s never a bad time for reconsidering risks inherent in the capital markets—investing is, after all, different from saving for a reason. Perhaps there is no better occasion than with the S&P 500 trading at record highs and having recently pierced the 2,000 level.  As is typically the case... read more
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

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