The Great Inflation Debate
Blog

The Great Inflation Debate

Signs of inflation abound with chip shortages, car shortages, and sky-high lumber prices, among others. Many forecasters are predicting 70s style inflation or even stagflation.  Given the similarities in Jimmy Carter’s and Mr. Biden’s policies, it’s a valid concern.  Yet, I feel there are extenuating circumstances this time that give me hope that we can…

The Municipal Yield Game
Blog

The Municipal Yield Game

The relative attractiveness of Municipal bonds continues to astound me. With Treasury yields dropping precipitously, tax-free municipal yields seem the hands-down winner of the yield game. Much of this is due to large foreign players elbowing their way into the US Treasury market to hide from worldwide financial turmoil. They have bid prices up accordingly…

The Annuity Conundrum
Blog

The Annuity Conundrum

Many advisors, like Ken Fisher, make their living by bashing annuities. I too have had some harsh words for annuities, and still often do. They are often over-priced, and some even seem deliberately designed to confuse. Annuities also have some nasty tax consequences, especially for the very wealthy. But annuities can do things that no…

Annuities And Divorce: It’s Complicated
Blog

Annuities And Divorce: It’s Complicated

As if divorce were not complicated enough, owning annuities can make the mess bigger. As a refresher, these complicated financial products tend to have many twists and turns nestled inside a tax-deferred wrapper. When changes are made to the contract, this can trigger fees, taxes, loss of benefits, and have other nasty consequences. Many investors…

The Math of Buying the Dips
Blog

The Math of Buying the Dips

Segment is a big advocate of buying market exposure on dips. However, an investor must use this strategy within a certain context; otherwise, the tail can wag the dog. Buying the dips can have an undeniably profound positive impact on long-term results. Segment’s three primary equity strategies all had fantastic 2020 results, due primarily to…

Subscribe to Gil’s Musings

Sign up to receive Gil’s periodic musings about investment trends, the stock market, investor behavior and current affairs. Join today and receive a handful of Gil’s favorite past musings, and be the first to receive his freshly penned thoughts

  • This field is for validation purposes and should be left unchanged.