Insights, Opinions, & Information
Investment Advisory Information
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Certified Financial Planner Achievements
Hello from Sycamore,
We are thrilled to announce the recent achievements of two outstanding members of our team, Allison Rumschik and Brent Yard. Both Allison and Brent have successfully completed the rigorous coursework, passed the comprehensive 6-hour final exam, and have now earned the prestigious marks of Certified Financial Planners™.
Welcome Adrianna Nojaim
Hello from Sycamore,
We are pleased to announce that Adrianna Nojaim has joined Sycamore as an incoming Investment Advisor. With a focus on financial analysis, strategic planning, and client relations, she is undergoing additional training to better help clients reach their financial goals. We are confident that Adrianna will be a […]
The Low Down on Retirement Accounts 2024
Hello from Sycamore,
If you are 73 or older and haven’t taken your Required Minimum Distribution (RMD) for the 2024 tax year, you will likely need to by year’s end.
What is an RMD?
An RMD is the minimum distribution you must withdraw from your retirement account each year.
When do I have to […]
2024 First Quarter Market Commentary
Hello from Sycamore,
Performance and the Markets
We are pleased to report that the first quarter was a bonus quarter with our composite gaining more than 7%. This is about three times the normal gain that we would expect so we’re pleased. While we do expect your account(s) to gain more before […]
2023 Fourth Quarter Market Commentary
Hello from Sycamore,
2023 is now in the books and this year was special for us because it marked completing 40 years for Sycamore. We want you to know how grateful we are to have had this 40-year run and how fortunate we feel to be able to work with all […]
2024 Contribution Limit Changes
Hello from Sycamore,
Did you Know?
For the 2024 tax year, some contribution limits have increased.
- 401(k), 403(b), & 457 account contribution limits are now $23,000 for the year.
- There is a $7,500 catch-up if you will turn 50 in 2024.
- Traditional and Roth IRA annual contribution limits are now $7,000.
- There […]
Third Quarter Commentary 2023
Hello from Sycamore,
Performance and the Markets
It seems like there is always plenty to worry about and this year is no exception. Considering the political environment and the calls for a recession over the past year or so, there is plenty to be concerned about. However, as we think back over […]
Second Quarter Commentary 2023
Hello from Sycamore,
Performance and the Markets
So far so good for 2023. Since the markets found a low point last fall, they have been steadily climbing. We are not back to the highs that we experienced at the end of 2021, but with the Dow Jones industrial average at about 34,000 […]
Performance, Markets and The Economy
Hello from Sycamore,
Performance and the Markets
Our Growth and Income Composite gained just a bit less than 0.5% over the past year (gross of all fees). This is significantly better than the -7.7% by the S&P 500. Historically our strength has been to hold value better during market declines and it […]
Consider Reviewing Your Insurance Package
Hello from Sycamore,
Insurance is a way to transfer risk from you to a larger group of people through a firm, the insurance company. For example, many people choose to insure against potentially bad outcomes that could be catastrophic like the death of the family earner in the case of life […]
Fourth Quarter 2022 Economic Commentary
Hello from Sycamore,
Performance and the Markets
2022 is now in the books and while it wasn’t one to brag about, we feel that overall, during the last 10 years, the markets have been very good.
The question we’d all like an answer to is how will the markets fare in 2023? The […]
Contribution Limits Changing
Hello from Sycamore,
Retirement and health savings plan contribution limits will be changing for the upcoming year. Here is an overview of what you need to know:
- 401(k), 403(b), 401(a), 457, and federal government Thrift Savings Plans contribution limits will be increased by almost 10% to $22,500.
a. Catch-up contributions for those […]
How Does Inflation Impact My Savings
Hello from Sycamore,
Inflation is a topic that we’re all hearing about lately. The Federal Reserve Bank (the Fed) has started to raise interest rates to help fight our current inflation. The Fed has a long-term inflation target of 2.0%. To simplify, this means that if a Coca-Cola costs you $1.00 […]
Volatile and Unpredictable
Hello from Sycamore,
As I write this post, the market is down ~10% from its recent high. The beginning of 2022 has been a bit volatile and unpredictable. When we read the news, we see headlines that stop us in our tracks: Inflation, War, Stagflation, Market Correction, Possible Recession.
Realistically, […]
Thoughts on the Economy
Hello from Sycamore,
COVID-19 has been a shock to our economy and our lives. As a result, the Federal Reserve Bank had to implement swift and significant monetary policy changes. During the onset of the pandemic (March/April 2020), there were worldwide shutdowns that caused many to lose their jobs, miss paychecks […]
