By: Matt Garrott What Happened in 2017 Experts predicted that 2017 would be a difficult year for investors. Looking back, they are now calling it an easy year. All investors had to do was stay invested, but how ‘easy’ was that? Half of a year-end Barrons roundtable of investment experts predicted S&P 500 [...]
By: Matt Garrott Everything went according to plan. Now what? After a lifetime of saving, it can be difficult to justify spending on things that we once considered frivolous. Meir Statman recently wrote a paper for the Financial Planning Association titled “Are Your Clients Not Spending Enough in Retirement?” that outlines an interesting [...]
By: Franco DiLiberto The Social Security Act was signed into law by President Roosevelt on August 14, 1935, as a social insurance net to protect the elderly from old age, poverty and unemployment. Today, more than 93% of American workers pay into and are covered by Social Security, and the total benefits paid [...]
By: Matt Garrott What Keeps Us Up At Night? The ghosts and goblins of Halloween are in the rear-view mirror so what keeps us up at night now? Are macroeconomic conditions a concern? What about political discord at home and abroad? Maybe the dreaded Black Swan event is our bogeyman? Our true fears [...]
By: Matt Garrott Wealth management is often associated with the word “No”. Got any hot stock tips? No. Should we be investing like that guy on TV? No and a speedboat is not an investment. Being negative all the time is no fun for us either, so here are some things to be [...]
By: Mark Weiskind Clients and Friends, It has been nearly 18 months since we recapitalized Fairway Wealth Management, buying out our outside shareholder and making the firm 100% employee-owned. It’s been a positive stretch for our clients, with investment portfolios generally up nicely. And it’s been a positive stretch here, as we’ve continued [...]
By: Matt Garrott James Bond movies and the TV series Seinfeld are both classics and cultural touchstones, but the conflicts in these stories could have been resolved more quickly than they played out. Goldfinger could have just shot Bond instead of strapping him to a table under a slow-moving laser. Seinfeld episodes like [...]
June 23, 2017 – Fairway Wealth Management LLC is pleased to announce that for the third consecutive year it has been named to the FT 300 list of registered investment advisers (RIAs). The list recognizes top independent RIA firms from across the U.S. For details, see www.ft.com/reports/300-top-investment-advisers This is the fourth annual FT 300 list, [...]
By: Matt Garrott The month of May marks the 7th anniversary of the first Bitcoin transaction, an exchange of 10,000 Bitcoins for 2 Papa Johns pizzas. Reaction to the trade at the time was mixed. There were many people who thought it was neat that someone finally bartered the digital currency for an actual item. [...]
By: Matt Garrott Capital Group is pushing back hard against the passive investing crowd. They make the case that some basic screens (low expenses, manager investing in their own fund, etc) can reveal good managers. I agree with that. The screens I use at Fairway are kind of hilariously basic relative to the universe of [...]