The P&A Blog
P&A’s Down 20 Rule
One of Wall Street’s most famous sayings is “cut your losses and let your profits run.” In reality, many investors do the opposite, selling winners too early and holding onto losing positions too long (what’s known as the disposition effect). Behavioral finance...
Key concepts about money to teach your kids
When it comes to money, it is never too early to start educating your kids and teaching them good habits. Here are a few concepts that some of us at P&A have implemented with our own kids. If you are a parent, or even a grandparent, hopefully these concepts are...
Five implications of the SECURE Act
Just before Christmas 2019, Congress passed and the president signed the SECURE Act, the most significant update to retirement law in over a decade. Here are the five biggest implications: Elimination of Stretch IRAs for non-spouse inheritors: Beginning in...
How to challenge your IRMAA premium
Did you know that, if you have a significant loss of income after you retire, there is an appeal process for IRMAA? In other words, you might not be locked into paying higher premiums just because you were a high-income earner before retiring. Before we get into...
Holiday movie favorites – with a twist!
It seems like about everywhere you’ll find the “Best Of” lists, especially around the Holidays. At the risk of being unoriginal, below is my list of a few of the best movies with a Christmas Theme. But wait, there’s a twist! For each one, I’ve plucked out a lesson...
A liquidity haiku
This is my first ever haiku (and maybe my last), so bear with me: Cash when you need it.Doesn’t matter, then it does.That’s liquidity. When Berkshire Hathaway reported their earnings earlier this month, the most noteworthy item was their $128 billion cash stockpile. ...
Risk, control & the small business 401k
My first job out of college in the Internal Audit Department at Sprint didn’t initially seem like the ideal job I’d envisioned. I’d had dreams of high-finance or Wall Street, but to my pleasant surprise, I quickly realized that I had stumbled into an awesome learning...
P&A makes CNBC Top 100 list
We’re excited to announce that Pittenger & Anderson was ranked by CNBC as one of the top 100 financial advisory firms in the U.S. as part of their CNBC FA 100. As per the CNBC website: The CNBC FA 100 celebrates the advisory firms that top the list when it comes...
Five key ‘To-Do’s’ before year end
Dear P&A Client, You hired us for a reason, or two…maybe even three. One should be so that you don’t have to make financial decisions as if you’re stranded alone on a desert island. We see our job not only to effectively manage your investment portfolio, but...
Podcasts – P&A’s four financial favorites
Podcasting has been around since the early 2000s; however, it has ramped up in popularity the past few years. But, even though 70% of Americans have heard of Podcasting, only 32% are monthly listeners. At P&A, we are firm believers that sound knowledge of...
Schwab eliminates commissions
Good news for P&A clients! Effective October 7, 2019, Charles Schwab is eliminating trading commissions on U.S.-listed stocks and exchange-traded funds (ETFs) for trades placed online (mobile or web trading). Schwab had been charging $4.95 per trade on U.S....
Are you using the P&A app?
For better or for worse, we live in a world that is becoming more digital by the day. Paper statements and paper money are losing their overall appeal as the convenience of electronic statements and online payments proliferate. For the last five years, we’ve offered...
P&A Spotlight: John Dannenbring
We'd like to introduce you all to our newest employee, John (with an 'h')! John joined us at the beginning of the month and will be working with our research and trading teams as he's settling in and learning the business. Don't hesitate to holler a hello in his...
Top 5 questions – Rising Success client segment
Over the years, we have found that most of our clients fit into one of three segments: Rising Success Major Life Events Retirement Our Rising Success Clients are typically ages 30-45, their careers are taking off, cash flow is strong, and their bank and investment...
Protecting our senior investors
The news headlines have been screaming it… Another senior or vulnerable adult exploited out of their hard-earned money by a stranger, somebody close to them, or someone in between. Protecting senior investors has been a hot topic in the financial industry as more and...
16 great retirement quotes
Retirement has evolved over time and will continue to do so. So, we thought it would be fun to share 16 great retirement quotes we found online. As you’ll see, some folks are all for retirement, while others are adamantly against it. Either way, may your life have...
529 Savings – Not just for your kids
As the Baby Boomers begin to enter (or think about) retirement, most of them won’t be content to sit in the easy chair and watch the television all day. Many are choosing a more active retirement, full of travel, finding new hobbies or learning something new. For...
What’s impacting the markets?
The Dow Industrials hit an all-time high of 27,398 on July 16, 2019. Since then, the index is down 7%. Is this the beginning of the end of what many consider the longest bull market in U.S. stock market history? Or is this yet another speedbump the market will...
