Compliance with the rules of the Securities and Exchange Commission (SEC) is difficult. It often requires weeks of work, not simply to fill out the forms but also to understand what the forms are asking. Item 9 Custody, offers perhaps some of the most confusing and most often changed compliance…

Many analysts working for major investment houses found themselves busy composing “upgrades” this week after NVIDIA reported even better than expected earnings. The stock itself blasted higher Thursday morning before the $500 level attracted major selling and now the price chart shows a classic negative divergence, a sign that short-term…

The Federal Reserve Bank of Kansas City will hold its 46th annual Economic Policy Symposium this week in Jackson Hole, Wyoming. The theme, “Structural Shifts in the Global Economy”, will likely focus on the post-pandemic economic landscape, and how the significant lingering after-effects on global trade networks and government fiscal…

There’s a Mexican proverb that goes something like this: An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of…

Coastal grandmother and grandmillennial may be popular design trends on TikTok but getting younger generations to financially plan for those years is more of a challenge. Nearly a third of Gen Z workers are not are not saving for retirement, according to a recent Bankrate survey, and roughly the same…

Does your retirement plan offer Separately Managed Accounts (otherwise known as “SMAs”)? According to a recent report by Cerulli Associates, SMAs may represent the next big trend in 401k plans. Are you ready for it? Why might 401k plans want to offer SMA options on their investment menus? “Many financial…

Divorce can be an emotional roller coaster, one you never wanted to ride and one you can’t wait to get off. While you’re holding on tight and waiting for this shaky ride to end, it’s easy to forget about basic money management and how important it will soon become, particularly…

Berkshire Hathaway’s (BRK/A, BRK/B) second-quarter 2023 13F filing revealed three new U.S. homebuilders purchases. This filing gives us a quarterly opportunity to observe what two of the greatest investors, Warren Buffett and Charlie Munger, and their team are doing within Berkshire’s publicly traded equity portfolio. Berkshire purchased shares of D.R.…

That the Warren Buffett/ Charlie Munger-led firm would go to the housing sector for names in which to place money seems odd given the steady rise in interest rates —including the 30-Year fixed mortgage rate. The old pros in Omaha surely have greater wisdom than the rest of us but…

On August 15, 2023 someone in Florida won the Mega Millions lottery jackpot worth over $1.5 billion dollars. The odds that anyone might win the lottery, much less one of the largest jackpots ever, is hundreds of millions to one. The odds of receiving a surprise windfall in the form…