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Should I?

By SETH STREETER AND BRAD STARK — Feb. 20, 2010

When someone poses a financial question to us, it is usually phased as, “should I buy this or sell that or do this?” Some things in life are easier to answer than others. Advice to exercise more and eat healthier is rarely wrong. But quick and simple answers when it comes to financial matters are infrequent. However, here are some tips on how you can make better decisions that specifically pertain to your situation going forward.
Wealth Management: Have you ever started a home project and figu ...

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Is Insurance a Good Investment?

By SETH STREETER AND BRAD STARK — Feb. 13, 2010

While the insurance industry, especially life companies, push insurance as an investment, we really believe it is more appropriate to look at this topic differently. Insurance is one of the most powerful tools you can have as part of your portfolio. ...

Geithner and Bernanke Get Slapped Around

By SETH STREETER AND BRAD STARK — Jan. 30, 2010

Earlier this week, Treasury Secretary Tim Geithner stood in front of the House Committee on Oversight and Government Reform to answer questions about the financial collapse and bailout decisions. He did not have a lot of fun. On Thursday, Federal Res ...

Biggest Tax Opportunity Ever?

By SETH STREETER AND BRAD STARK — Jan. 23, 2010

The US government is racking up debt faster than a speeding bullet and many are arguing that we are headed toward future tax increases. But effective this year for the first time in history, the IRS is allowing anyone and everyone to convert their re ...

Gold, Gold, Gold!?!

By SETH STREETER AND BRAD STARK — Jan. 16, 2010

Dear S&B: The buy gold ads seem to be everywhere I turn. What is a reasonable amount to purchase?-David, Santa Barbara
This is a thousand year question which creates significant interest from time to time. To answer your question quickly with more “ ...

The World Is Heating Up?

This week, Goldman Sachs released their 2010 global economic forecasts indicating solid overall growth. They estimate that the world economy as a whole should grow around 4.4% in 2010 and continue that trend into 2011 (see chart, “Real GDP Growth Forecasts”). The “BRIC” countries (Brazil, Russia, India & China) also referred to by many as “emerging market countries,” are expected to grow the most at over 9%. However, the United States is expected to have a rather tepid economic rebound ending up in the +2% range. For reference, economic growth between 3-5% is considered by many economists to be “healthy” and “sustainable.” When growth rates are too high or too low, they can come with a myriad of economic problems (i.e. currency valuations, hyper-inflation, pricing bubbles, manias, panics, deflation, etc.).

Why Housing Is Still Hurting

Several reports came out this week outlining the struggling housing market. There are a number of additional factors that give guidance into why we may expect further disappointing news to come. First of all, the “bad” loans (Sub-Prime) that we are all aware of have largely cleared through the system (see the exhibit, “The reset economy”). However, that same exhibit clearly demonstrates that there are still a large number of loans out there that are going to reset in the coming years. When you couple these facts together along with the data to follow, it becomes clearer on why the Federal Reserve has made it quite clear on why they intend to leave rates low for an extended period of time.


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