Blog

You may have never heard of him, but last week Warren Buffett’s business and investing partner at Berkshire-Hathaway, Charlie Munger, died at the age of 99. He helped Buffett build the company into the 7th most valuable in the U.S.

Enjoy this month’s edition that features a perspective on bonds and their relationship with stocks, as well as a note regarding new rules when writing checks with Schwab.

I first wrote this 3 ½ years ago and believe it is an excellent reminder that, as investors, we are owners of the companies we buy shares in, even if indirectly through mutual funds. I also updated it at the end to show how Wally’s wisdom played out…so far.

Enjoy this month’s edition that features a note about your monthly Schwab statement, a tip to avoid a new type of cyber fraud as well as a review of the stock market so far this year.

September statements:

Enjoy this month’s edition that features an update on the conversion to Schwab, an explanation of diversification within our portfolios and a reminder that those 50 and older can make catch-up contributions to their retirement accounts.

On his recent podcast, the New York University Finance professor and investor, Scott Galloway, revealed his very personal thoughts about his own money. He explained his anxieties about money, his thoughts on marriage and how it relates to money, his approach to investing and what financial independence means to him.

Enjoy this month’s edition that features a reminder about the merger of TD Ameritrade and Schwab, plus some perspective about the stock market and current events.

TD Ameritrade transition to Schwab update:

My Great-Grandma Tootsie was born in 1880, just 15 years after the end of the Civil War! She lived to be 98 and died when I was 14 so I not only met her but I knew her and remember her well. On the day she died, she picked up some of her younger, 80-something year-old friends in her Studebaker and drove them to lunch.

Enjoy this month’s edition that features a look at the economy, a review of the stock market’s first six months of the year and a reminder of the September transition from TD Ameritrade to Schwab.

Charles Schwab Co. released the results of their recent survey that sought to quantify how much Americans think it takes to be wealthy. While the numbers are certainly interesting, what I found fascinating and refreshing was that the survey indicated most people include non-financial factors when quantifying their own wealth.