The P&A Blog
Impacts of the SECURE Act & the “Stretch IRA”
The Setting Every Community Up for Retirement Enhancement (SECURE) Act became effective January 1, 2020. How does this new law affect you with regards to the “Stretch IRA”? What’s in the past… Prior to 2020, IRA and ROTH accounts could be used as a powerful...
Winter 2020 Book Reviews
Super Pumped: The Battle for Uber By Mike Isaac For those of you who read Bad Blood by John Carreyou, Super Pumped is of a similar vein (pun intended). The former is a story about a visionary founder who refused to accept that her revolutionary product simply didn’t...
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...
2019 – 4th Quarter Letter – Lunch Pail Attitude
The latest P&A Quarterly Letter to clients is available in PDF form. You can download it here. Topics include a look back on markets during 2019, the Top Down vs. Bottom Up approach to investing, and P&A's evolution of portfolio management over the years.
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...
2019 – 3rd Quarter Letter – Name Two Tools
The latest P&A Quarterly Letter to clients is available in PDF form. You can download it here. Topics include the "wall of worry" that stocks climb during a bull market, asset allocation and attribution, and - of course - the world according to Pitt and Dan.
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...
