Yesterday one of our clients asked us for the cost basis for a corporate bond that had been in her portfolio. It matured last year (2017) and the principal was returned to our client. Her CPA was working on her taxes and needed to know what our client originally paid for the bond – the […]
With the Federal Reserve planning to continue gradually increasing short-term interest rates, investors should be familiar with the concept of “duration” for fixed income investments. Most investors will understand that a bond’s “maturity” measures how long a fixed income investment lasts, i.e. when they will receive their principal back from the bond issuer. What is […]
Instead of Bitcoin, how about an investment that is guaranteed, pays a relatively attractive interest rate and is free from state and local income tax? I Savings Bonds are issued by the United States Treasury Department. According to Treasury Direct, a government website, I Savings Bonds earn interest which combines a fixed rate and an […]
We’re pleased to have added a new video to our Springwater Wealth website. This video introduces the four investment principles that form the foundation for our investment philosophy, and our approach to building portfolios for our clients. You can watch the video on our Videos page here.
Author and investment guru Bill Bernstein reiterates the dangers of chasing yield in the fixed income market. “I want to take my risk with stocks, not bonds”. Read the entire April 2, 2013 interview in Index Universe here.