Tech Stocks Should Be Prominent in ESG Portfolios
The Wall Street Journal criticized ESG portfolios earlier this month for being dominated by big technology stocks. But we think technology stocks are integral to a responsible investing agenda when chosen as part of a well-defined process targeting companies that foster environmental, social and governance (ESG) improvements.
Sports Memorabilia Investments - a Thin Line Separates a Home Run From a Strike Out
So how much would you pay to own the boxing gloves worn by Ali or Frazier that day? What would its worth be to a collector today? – ‘Priceless.’ A funny word that the term priceless tends to come into play when the historic or sentimental value of an object far outweighs its intrinsic value. An object whose worth truly lies in the eyes of the beholder.
Measuring the Quality of an Advisory Firm
We’ve all gritted our teeth whenever one of the trade magazines comes out with a list of the “top” wealth management firms, ranked from “top” to “bottom” based on the absolute least meaningful way to measure the quality of an advisory business: their AUM. The goal of such lists should be to identify those firms that are best at serving their clients and are managed in a healthy and sustainable way. Here’s a way to rank firms that achieves that goal.
Where to Get Income in a Low-Yield World
So far in 2020, the yield on the 10-year Treasury has averaged 0.01 percent when adjusted for inflation. Since the end of January, it’s actually dipped below 0 percent, trading as low as negative 0.14 percent on January 31.
Are Investors Rethinking Growth At Any Cost?
A number of high-profile tech IPOs have disappointed in recent months, revealing cracks on the fringes of the market’s growth complex. As investors appear less willing to back some lofty valued tech start-ups, we ask whether this recent setback is a cautionary tale or, in fact, a canary in the coalmine.
Minisode - The Role of Succession Planning in Taking on Institutional Capital
A recent study by Charles Schwab revealed that succession planning ranks last on the list of top priorities for RIAs. Moreover, 92% of firms are considering internal succession. As someone who has first-hand experience selling a business, my guest, Stuart Silverman, will explain why advisors are hesitant to part ways with their firms, how they can identify a successor and how institutional capital can help fuel succession strategies.
Gold Projected to Beat the Market in 2020: CLSA
CLSA predicts that the price of gold will beat the S&P 500 in 2020. The Hong Kong investment firm has an impressive track record when it comes to making market predictions—last year it had a 70 percent hit rate—so it may be prudent to take this one seriously.
The Latest Look at the Total Return Roller Coaster
Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to $16,591 for an annualized real return of 10.17%.