Investing is really about patience and mitigating risk. This risk of missing out on good returns over a lifetime far outweighs the painful periods of bad returns we inevitably will experience – like this year so far.
Withum Wealth Management hosted a fireside chat with guest Dr. David Kelly, Chief Global Strategist and Head of the Global Market Insights Strategy Team for J.P. Morgan. We discussed global economic trends as well as the current geopolitical conflicts and how they impact markets and investors.
Filling up my SUV with gas over the weekend – the pump stopped at $100.00. While this transaction was done, I was not. I replaced the nozzle, drew another credit card from my wallet and started phase two of refueling, which was a much more palatable $27.12*. As I recall, when I first got my driver’s license, I could get lunch and fill up my tank with a $20 bill. Thinking to myself - how can a young person now afford to get gas? One tank today would have cost me an entire paycheck at my part time job during high school. Then again, I was making $4 an hour back then. I might be showing my age.
If you are filing taxes this year, you may want to familiarize yourself with I Bonds. Yes, that’s probably everyone but hopefully we have your attention for the next two minutes.
As we start the new year and I head back to school to finish my junior year in college, I reflected on my recent study abroad in Sorrento, Italy.
Unlike our prior Withum Wealth “Minutes” this newsletter is a longer read, detailing the basics of Digital Assets and Bitcoin.
This past week, the Consumer Price Index showed that prices in October increased 0.9% from September and 6.2% from October a year prior.
Laurie and I decided to celebrate our 13th anniversary with a vacation to Italy. The trip would include, among many destinations, a personal journey to the surrounding areas of Palermo to discover family roots.
In this week’s Withum Wealth Minute, we wanted to take a moment to discuss and break down an important investment term – Alpha.