Craig’s Insights2019-10-31T07:10:24+00:00

Insights, Opinions and Information

Investment Advisory Information
Form ADV: Part 2 A&B Click Here.

Reevaluate Your Beneficiary Designations

Hello from Sycamore,

Are your beneficiary designations current?

Over time, events may arise that necessitate a change in beneficiary information for your qualified & taxable brokerage accounts. It’s important to periodically check the beneficiary status of your investment accounts. Accounts that are lacking beneficiary information, or contain information that is not up to date, could create an issue for your survivors. It’s important to note that a beneficiary change to an account will only affect that account. Should you have multiple accounts (including 401(k)’s, life insurance policies, annuities, etc. from other vendors), you will need to update each one individually.  If you […]

By |October 31st, 2019|

Maximizing your 401(k) Match

Hello from Sycamore,

Retirement accounts such as a 401(k), 403(b), 457(b), etc., can be useful wealth building tools. These plans can help you achieve your dreams of retirement. Choosing to sign up and contribute to a retirement plan is step number one, ensuring you are getting the full benefits of the plan is step two.

Retirement plans are typically set up in a way that the employee is rewarded for saving their money. For example, many 401(k) plans offer a matching contribution feature to where the employer has elected to match some or all your contributions.

Ensuring that your contribution rate is high […]

By |June 27th, 2019|

January 2018 Performance Update

Hello from Sycamore,

“Well 2017 has come to a close and we think you’ll agree that it was a very good year.  Our Growth and Income Composite gained a bit more than 21% for the year. In fact we had enough gain in 2017 to equal two very good years so we’d not be surprised to see the pace slow significantly over the next year or so.”

You’ve just re-read the first sentence in our year end letter for 2017. With the recent volatility it’s easy to forget how much the market advanced in 2017. Generally speaking we are pleased with […]

By |January 25th, 2019|

The Low Down on Retirement Accounts

Hello from Sycamore,

It’s that time of year again – if you are over 70 ½ and haven’t taken your Required Minimum Distribution (RMD) for the 2018 tax year, you can expect to be hearing from us!

What is an RMD?

An RMD is the minimum distribution you must withdraw from your retirement account each year.

When do I have to begin taking RMD’s?

You must begin taking your RMD on April 1 of the year following the calendar year in which you reach age 70 ½. What does this really mean?

Example: Your 70th birthday was June 30, 2017. You reach age 70 ½ on […]

By |December 5th, 2018|

The Market is Volatile – Is this Normal?

Hello from Sycamore,

If you have been watching the news lately, you have likely seen that the markets have been volatile. What should you do you ask? We believe it is best to stay the course. These recent, large single day declines may seem a bit spooky, but when we look at the big picture, these are to be expected with an index that has increased in value over time. The Dow Jones Industrial Average (DJIA) has been around for over 122 years and in January 1975 the DJIA was valued a little over 600 points, now fast forward to 2018 […]

By |November 13th, 2018|

We Don’t Want To Brag but…

Hello from Sycamore,

Building the wealth of our clients means we focus on essentials and generally avoid the clutter associated with marketing ourselves as a firm. But sometime the news is so good that it becomes a genuine occasion to celebrate with our friends. We just had one of those moments.

In 1990 we began to manage separate accounts for our clients and, since September of 1996, we have had those accounts independently verified by Ashland Partners. We send our verification and the composite performance of the accounts we manage as a whole to Morningstar, a company that rates managers against other […]

By |May 5th, 2016|