I recently helped a new institutional client rebalance its portfolio away from a heavy concentration in telecommunication, energy, and utility stocks. This client has ongoing income needs, and the rationale for owning telecom, energy, and utilities is of course to meet these needs with ...
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We are getting some inquiries from nervous clients about the stock market in the weeks and months immediately ahead. What do we think right now? The stock market is not expensive. By most metrics it is fairly valued–not cheap but not overvalued either. There is much loose talk about ...
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Stock prices typically go up about 5% a year. That’s the historical average. But we all know (we all know too well) that some years stock prices don’t go up. Fortunately, though, there’s more to stocks than just their prices. I am of course thinking of stock dividends. Back in the 1990s ...
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With the tax cut extension passed in the Senate and now working its way through the House of Representatives, the tax rate on dividends is almost certain to stay at its current rate of 15%. This is a major relief for investor because the tax on dividends might have risen to as much as 40% for ...
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