Weekly Market Commentary August 11, 2021

The Markets Are we there yet? For months, investors have wondered when the Federal Reserve (Fed) might begin to “normalize” its policies, a process that will eventually lead to higher interest rates. Last week, a better-than-expected unemployment report – showing a gain of almost a million jobs – sparked speculation about whether we’ve arrived at… Read more »

Weekly Market Commentary July 28, 2021

The Markets Shortest ever. Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April 2020. That makes the pandemic recession the shortest in American history. According to the NBER, “The recent downturn had different… Read more »

Weekly Market Commentary July 21, 2021

The Markets The term “peak growth” has become almost as popular as the comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, it does not mean the United States economy has reached the pinnacle of growth and it’s all downhill from… Read more »

Quarterly Investment C O M M E N T A R Y

Our midyear Investment Commentary is divided into two parts. First is a brief recap of our shared investment philosophy; second is our perspective on the current situation. As always, we welcome your questions/comments. GENERAL PRINCIPLES You and our team are long-term, goal-focused, planning-driven equity investors. We’ve found that the best course for us is to… Read more »

Using Annuities to Increase Predictable Income in Retirement

The management of a distribution portfolio is unique and should be designed differently from the management of an accumulation portfolio. However, complex distribution planning is still a developing area within the arena of Financial Planning. After focusing much of your investment lifetime on maximizing wealth accumulation through contributions and rates of return, your attention must… Read more »

Working While Collecting Social Security Benefits

Yes, you can collect Social Security benefits while working. However, depending on your age, there are some important caveats to keep in mind. Your earned income could reduce the amount of your Social Security benefits if you are younger than your full retirement age (FRA); the age at which you qualify to collect 100% of… Read more »

Congrats Dan!

We would like to wish a very special “Congratulations” to Dan and Jill Byles-Smith on the safe arrival of a new addition to their family! Emily was born June 16, 2021 weighing 6 lbs. 5 oz. and measuring 20 inches long. Both Jill and baby Emily are doing very well. Dan and Jill are happy… Read more »

HEART For Animals

This summer, Waterford is helping HEART Animal Rescue curb kitten overpopulation by donating to cover spaying and neutering fees for cats in their care. Millions of healthy, adoptable animals are euthanized simply because there are not enough homes for them. Spaying or neutering your pets is the most effective way to reduce the vast number… Read more »

Weekly Market Commentary July 14, 2021

The Markets There was a gapers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to. U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of the week to 1.27 percent on Thursday. The rally… Read more »