The P&A Blog
SVB failure
Clients and friends of P&A, In light of events unfolding over the weekend regarding the financial system, we’ve been fielding questions about what happened and what it means for your money under our care. This letter will focus on the latter, not because we don’t...
February 2023 Market Recap
Highlights The S&P 500 gave back some of the gains from January while the NASDAQ and Russell 2000 were flat for the month. Rates ticked back up. The 10-year US Treasury yield rose ~40 basis points. Fixed income performance was flat to down for February. Hotter...
Creating a retirement paycheck
Learning to live without a paycheck is one of the challenges soon-to-be retirees and the newly retired must come to terms with. But what if I told you we can create a retirement paycheck for you from your investment and retirement accounts? Would you be interested...
Flipping the switch
Last month, we received an email from a client who had just returned to the U.S. after an overseas trip. She wanted to thank us for encouraging her to go and admitted, if we hadn’t nudged her, she would have missed out on the trip of a lifetime. Needing a nudge isn’t...
Ship Medicare Minute – March 2023
P&A will be posting articles of interest and Medicare-related documents to our blog. You can find these on the blog page by selecting from the Categories drop-down menu and choosing ‘Medicare Minute’. Click here for the March edition of the Nebraska SHIP Medicare...
January 2023 Market Recap
Highlights The S&P 500 rose by 6.28% in the month of January, while non-US stocks, represented by the MSCI EAFE index, rose by 8.1%. Bonds were also up for the month with the Bloomberg US Aggregate Index rising by 3.08%. Inflation was 6.4% in December, as measured...
Cheers to 22 years!
My husband and I had planned a European river cruise to celebrate our 20th wedding anniversary back in 2020. We all know what happened, lots of events were put on hold. Fast forward to 2022 and we finally got to take it. As of the printed date of this article, I’m...
Ship Medicare Minute – February 2023
P&A will be posting articles of interest and Medicare-related documents to our blog. You can find these on the blog page by selecting from the Categories drop-down menu and choosing ‘Medicare Minute’. Click here for the February edition of the Nebraska SHIP...
Using your IRA for charitable donations
If you’re charitably-inclined, have an IRA account, and are over the age of 70 ½--or soon will be, you’ll want to know about Qualified Charitable Distributions (QCDs). We cover five important questions here: What is a QCD? A Qualified Charitable Distribution allows...
When to expect your Schwab 1099 tax form
Now that 2022 is in the books, the focus turns to gathering the information needed to file your income taxes. You might be wondering when you can expect to receive your Form 1099 from Charles Schwab. Here are several resources to help you keep track of your 1099...
2022 – 4th Quarter Letter – How Pitch Trumps Google
The latest P&A quarterly letter to clients is available in PDF form. You can download it here.
December Market Recap
Stocks finished 2022 much like they began the year. The S&P 500 fell 5.76% for the month of December to cap off a tumultuous year as the mythical Santa Clause rally failed to materialize. For the entire 4th quarter of 2022, the market did manage to rise with the...
Book Review: “Richer, Wiser, Happier” by William Green
The author interviews some of the world’s best investors, many of whom you’ve heard of, but some you haven’t. The wit and wisdom of Buffett and Munger. The insights of Howard Marks. The simplicity of Joel Greenblatt. The energy of Sir John Templeton. I found...
Ship Medicare Minute – January 2023
P&A will be posting articles of interest and Medicare-related documents to our blog. You can find these on the blog page by selecting from the Categories drop-down menu and choosing ‘Medicare Minute’. Click here for the January edition of the Nebraska SHIP...
7 implications of Secure Act 2.0 passing
After much political wrangling, the long-awaited Secure Act 2.0 passed Congress and was signed by President Biden on December 23rd. The Act includes many meaningful improvements and changes for retirement savers and employer-sponsored retirement plans. We’ll...
These are a few of our favorite things…
Favorite Christmas Memory or Tradition Pitt: Singing Christmas carols Dan: Putting together a spaceship my wife got for the kids at 2am on Christmas morning without instructions. She told me the entire time there were no instructions. My wife found the instructions as...
Cash needs
Holiday season is in full swing, and Christmas is just around the corner! Are you planning to make monetary gifts to kids or grandkids this year? Do you need to make a deposit on the tropical vacation you have planned with the family over the holiday? What about a...
November Market Recap
Two major economic releases in the past month highlight the balancing act confronting the markets as we move into the final weeks of 2022. The latest report on consumer prices showed that inflation eased again in the month of October. According to the Labor...
