The Wall Street Journal reported this morning that Bitcoin, the popular digital currency, reached a few hundred dollars shy of $10,000 yesterday. The year-to-date increase in the value of Bitcoin is 896%. While we rarely receive inquiries from our clients about so-called cryptocurrencies like Bitcoin, we suspect that many of you are aware of them […]
The 2018 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2018. If you are an employee and a retirement plan participant, be sure to contact your employer as soon as possible if you wish to change your retirement plan salary deferrals for 2018. Of course, if […]
What is an ESPP? An Employee Stock Purchase Plan (or “ESPP”) allows you to purchase shares of your employer’s stock at a discount. ESPP’s are only available for employees of publicly traded companies. How does an ESPP work? The ESPP has an enrollment period during which you decide what percentage of your paycheck you would […]
A Restricted Stock Unit (RSU) is share of stock given to an employee as part of an overall compensation agreement. The stock is “restricted” in that the employee must meet certain service terms before the stock is “vested” and owned outright by the employee. Intel, a major electronics manufacturer, is one of many American companies […]
Professional money managers use various tools to measure the value of an investment. One common measure is the Price/Earnings ratio. To get a P/E ratio, take the price of a stock and divide it by its earnings. We will use Facebook. The closing price for FB (its ticker symbol) on Friday was $172.45 and its […]
The US stock market, as measured by the Dow Jones Industrial average, has now experienced six consecutive days of losses. This has not happened since 2011. The markets may be questioning whether the new administration will be able to execute on plans that include tax reform, reduced governmental regulation, better trade arrangements and fiscal stimulus. […]
We’re pleased a present a look back at 2016 here, courtesy of the professionals at Dimensional Fund Advisors.
The 2017 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2017. If you are an employee and a retirement plan participant, be sure to contact your employer as soon as possible if you wish to change your retirement plan salary deferrals for 2017. Of course, if […]
In his recent Insight column for the Financial Times, Dan McCrum described gold as “the perfect medium for pseudo-analysis”, and argued that the price of gold can never be more than fashion. Click here to read his thought-provoking piece from October 12, 2016.
The Big Mac index was invented by the British news magazine The Economist in 1986 as a half-serious guide to whether currencies are at their “correct” level. It’s based on the theory of purchasing power parity (or PPP), which is the idea that in the long run, exchange rates should move toward the rate that […]