In life there are people that show up to work, do a great job, and go home without much fanfare: much like Tim Duncan. Tim (I wish we were on a first name basis) reminds me of a Health Savings Account (HSA) because he outperforms his peers consistently but is widely underappreciated. With an HSA the…
Dr. Hendrick Bessembinder is shattering stock pickers’ dreams like the 2nd grader who tells his classmates the truth about Santa Claus. Looking back over an 89 year period (1926-2015), the Arizona State professor found that the odds of picking winning stocks are not that appealing. In fact, investors would have a better chance at picking…
A Change in Format For as long as we can remember, we have been sending a paper market commentary by mail every quarter to our clients and friends. You probably wouldn’t have guessed it, but we have always felt a bit constrained by a 2 or 3 page paper commentary. How can we highlight what…
Petanque Pétanque is a Bocce-like game that is fun-loving, raucous and peasant-inspired with large doses of heckling the opposing team. This winner-take-all game includes bragging rights and the losing team furnishes Veuve Clicquot champagne. Below I will show you our discovery of this game and how it often relates to financial literacy. Petanque Discovery Through…
This is the third in a three part series on charitable giving. At Smith Partners Wealth Management, we love Giving Back and see it as part of our every day mission. You can read more about what we have learned and what we value on our “Lessons in Giving Back” page. Why Use a Donor…
This article is the second in a three-part series on charitable giving. At Smith Partners Wealth Management, we love Giving Back and see it as part of our everyday mission. You can read more about what we have learned and what we value on our “Lessons in Giving Back” page. Would You Rather: When I…
How 10% Can Save You 10 Years in Retirement It’s hard to get out of my head that “10 minutes could save you 15% on your car insurance” thanks to GEICO’s never-ending cavemen commercials. Along those same lines, did you know that 10 percent could save you 10 years in retirement? Michael Kitces, whom I…
The Birds and The Bees In our 2016 3rd Quarter Market Commentary, Justin wrote a wonderful “birds and bees” explanation of where stock returns come from based on Vanguard founder and investing pioneer Jack Bogle. You can find the full commentary here. The return on any stock, we concluded, is it’s Dividend Yield + Earnings Growth +…
This is the first in a three part series on charitable giving. At Smith Partners Wealth Management, we love Giving Back and see it as part of our every day mission. You can read more about what we have learned and what we value on our “Lessons in Giving Back” page. The Gift of Giving…
At Smith Partners Wealth Management we evaluate each prospective client for best fit. We would be glad to meet with you to understand your needs and determine whether you would be well served here. To learn more about becoming a Smith Partners client, please contact us. We welcome the opportunity to speak with you.