Perspectives on the Banking Industry
Given the news and questions we have received over the last few days, we wanted to share some thoughts on three things: First, what happened with Silicon Valley Bank, then discuss the broader banking landscape, and lastly review a few possible implications for the future.
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Waypoint Wealth Management
2022’s Investment Lessons
2022 was a unique year, but they ALL are “unique” years in some way, right? What can we learn from this, and what are the important takeaways to make us better investors?
Here’s what our Head of Financial and Economic Research, Larry Swedroe, had to say about it:
“While each year features new twists on the age-old investment stories, smart investors know how to apply the same basic principles to every event. That’s why one of my favorite sayings is that there’s nothing new in investing, only investment history you don’t know. Last year, however, investors did experience something that happened for the first time in history.”
To read Larry’s 10 investment lessons from 2022, click here to read more, and as always if you have any questions about how this impacts your own retirement and investment planning, feel free to reach out to us.
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Waypoint Wealth Management
Does The Market Care About Your Feelings?
Since the 1970s, economists have measured how consumers are feeling about the financial environment, by asking five questions. How would you answer these today if they were asked of you?:
- “Would you say that you (and your family living there) are better off or worse off financially than you were a year ago?
- Now looking ahead–do you think that a year from now you (and your family living there) will be better off financially, or worse off, or just about the same as now?
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Waypoint Wealth Management
How Stocks Have Responded To Hikes In Fed Funds Rate
What a week. With the Federal Reserve increasing their “target” federal funds rate by a half-percent (the last time it was increased this much was the year 2000), the market responded with a wild ride up, followed by a large drop the next day.
In case you’re wondering how stocks typically respond to moves like this, we thought it would be helpful to look at some of the evidence. How has this worked out in the past, and how much should we worry?
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Waypoint Wealth Management
6 Possible Revisions Coming For Retirement Savers
A few weeks ago, the U.S. House of Representatives overwhelmingly passed (with a vote of 414-5) the “Securing a Strong Retirement Act of 2022” (also known as the SECURE Act 2.0). Although the Senate is supposed to take up a version of its own bill soon, and this is not law yet, we do expect some version of this bill to be passed by year-end.
At 139 pages in length, you have many more exciting things to do with your time. So we thought we’d emphasize the six most relevant changes that would impact most clients:
One: Pushing back the starting age for Required Minimum Distributions (RMDs) again > SEE MORE
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