You Can Do This.

Generosity Wealth Management blog

 

Current Market Conditions

As volatility has increased in the past 3 weeks, I want to keep you well informed of my thoughts.

Are the past weeks normal, have the fundamentals changed, or is this the canary in the coal mine we’ve been waiting for?

These questions are answered in my video.

Hi, Mike Brady here with Generosity Wealth Management, a comprehensive, full service wealth management firm, headquartered right here in Boulder, Colorado.

I last spoke to you a couple of weeks ago and at that time, I talked about the third quarter… Read More

What Are the Odds We’re Heading for Another Crash

what are the odds

 

 

 

 

 

 

The magnitude of loss greater than 20% or 30% is actually quite unusual, but 10% happens often, even if it hasn’t happened since 2011.

When it happens it doesn’t feel very good, but it’s not necessarily a prelude to bigger declines, so we shouldn’t jump to that conclusion.

Here’s a full article with more discussion about the odds.

 

The Deficit is Down Because the Private Sector is Up

us gov tax receipts

 

 

 

 

 

 

 

The deficit is the difference between tax receipts (inputs) and tax expenditures (outputs).  The deficit has been declining over the past few years, but it’s not due to decreased expenditures, it’s due to increased revenues.

The private sector has been healing itself over the past 5 years, and it shows with the tax revenue.

 

How International ETFs Work

how international etfs work

How International ETFs Work

Most Popular NFL Team by County

most popular nfl team by county

 

 

 

 

 

 

We love our Broncos, eh?  I love to see all the Orange!

Go Peyton Manning, and go Broncos!

Most Popular NFL Team by County

The Big Picture

The 3rd Quarter was schizophrenic, with most of the unmanaged US and international stock indexes negative, bonds (in general) slightly positive, and with tons of volatility across the board.

Particularly in the past few weeks, every day there seems to be triple digit swings in the Dow, and lots of negative news (ISIS, Ebola, etc.).

Now is the time when we have to remember the big picture and what we as investors are striving towards.  It is the time when emotions can be high, but we need to keep a steady hand and focus. … Read More

Risk of Third German Recession Pressures Europe

Tensions with Russia, slowing global growth and falling consumer confidence mean the region’s biggest economy struggled to grow in the past 3 months, and may turn out to have shrunk for a 2nd quarter running. Merkel

Across the Eurozone as a whole, recently released data showed that economic sentiment dipped in September for a 4th month in a row.

Questions abound about whether this could lead into a vicious circle of falling prices and stagnation.

I’ll continue to watch this closely and make… Read More

When Exotic Devices Create Exotic Problems

Iexotic devices love the below article, and recommend you read it.

Essentially it talks about the limits of complexity, and how exotic devices can create exotic problems.

The reason this is relevant is the applicability of this principal to finance.

  • Any financial model is only as good as the person or team using it
  • Complex strategies can create unforeseen complications
  • Some problems have no solution, so you have to choose which form of

Pimco Founder Bill Gross

Pimco is a mutual and ETF firm with a huge bond fund that has been the player in that space for the past 40 years.  Bill Gross founded the firm in 1971, and it is now around $2 trillion dollars under management. Bill Bross

Last week Bill Gross decided to leave the fund and move to Janus.  This is important because of the disruption to the bond market as huge sums could (and I say could) move from one firm to another.

The bond market… Read More

Saturday Morning Cartoons are No More

I don’t know about you, but growing up I loved my Saturday morning cartoons.  My favorite was Superfriends (by far), but I loved Scooby-do and other shows too.

Sadly, an era has come to an end.  You’ll be glad to know it ended for me 30 or 35 years ago anyway, but for kids today they no longer have a sustained time frame to veg-out in front of the TV.  Sadly, they can do that vegging 24/7 with all the options to watch.

The CW was the final broadcast network to program a Saturday… Read More

2nd Quarter and into the Rest of the Year

The 2nd quarter is now behind us, and the momentum is with us!  Will recent global political events derail the positive trend?

Good question, and one I answer in the below video

Transcript:

Hi there, Mike Brady with Generosity Wealth Management, a comprehensive, full service, wealth management firm headquarters right here in Boulder, Colorado. Today, I want to talk about the second quarter review. Really kind of the first half of the year review and then a third quarter preview which really turns into the rest… Read More

When to Start Taking Social Security

The earliest you can start receiving your social security is at age 62, full retirement age is 66 (for people born between 1943 and 1954), and the latest you can delay it is until age 70.2014 07 25 happy couple

At full retirement age 66 you’re entitled to 100% of your amount, but if you take it early at age 62 you receive 75% of that amount.  If you wait until age 70 then you get 132% of the full retirement amount.

So, when should you take… Read More

Squandering the Family Fortune

2014 07 25 old city

60% of the time a family’s money is exhausted by the children of the person who created the wealth, and in 90% of the cases it’s gone by the time the grandchildren die.

The biggest reason they’re squandered is because the people who bilt the wealth do not pass along clear instructions on how to handle the money after they’re gone.  Preserving a fortune requires communication and collaboration that’s hard to achieve.

Have you thought about how you’ll maintain your hard earned… Read More

ADV

I think it’s been awhile since I’ve included my government required ADVs to you, so well, here they are!

You want to know something about me?  It’s probably in there.  You want to know more?  Just give me a call — I’m an open book!

 

ADV Brochure 

  ADV Brochure 2A  

2014 07 25 Mikes Pic

Exercise Class Featuring Hunky Standard Poodles

In one of the weirder things I’ve ever seen in my entire life, here is an exercise video with a Poodle-Shaped Woman Leading an Exercise Class of Standard Poodles.

You know I love Standard Poodles, but this is making them all look bad.

Poodle Exercise with Humans… Read More

Life Expectancy and Costs

Do you know your life expectancy?  What does life expectancy really mean, and why should we care?

 These are the questions I answer in my video this newsletter.

Therefore, you should watch my video.

Hi there, Mike Brady with Generosity Wealth Management, a comprehensive, full service, wealth management firm headquartered here in Boulder, Colorado. Today I want to talk about life expectancy and withdrawals and Medicare and Social Security, etc. To be honest with you I only have three or four minutes so… Read More

Warren Buffet’s Biggest Losses

2014 06 25 Berkshire Hathaway- losses since 1980

When you hear 9 – 10% in the stock market, you must remember that those returns contain every single type of market environment.

Warren Buffet is one of the most successful investors ever, and he still has declines at some point.  But, he has the right behaviors ingrained in him to “be greedy when others are fearful, and fearful when others are greedy”.

No one likes declines, but they are part of a full market cycle.  When constructing a

8 Notable Price Points Adjusted for Inflation

2014 06 25 6 million dollar man edit

Somehow the $28,852,576.06 Man just doesn’t have the same ring to it, but that’s what it would be in 2014 with inflation.

Inflation is a real thing, even if it’s been incredibly low as of late.  With quantitative easing and a zero interest rate policy by the Fed, it’s actually been unusually low and for a sustained time frame.

I think it’s reasonable to expect inflation in the future, whether that’s 2, 5, or 10 years.  

How International ETFs Work

2014 06 25 ETF illustration

It’s BBQ season, and I want my clients to be the smartest in the neighborhood!  So, when the conversation drifts away from FIFA World Cup and towards how International ETFs work, you’re totally going to be ready.

How International ETFs Work

Most Efficient, Groundbreaking Way to Hold a Hamburger

2014 06 25 hamburger

Like investment theories, there are different philosophies on the best way to hold a hamburger for maximum efficiency.

Hey, I’m an efficiency fanatic and need to know these things.

So, researchers spent 4 months (experts in fluid mechanics, engineering, and dentistry) to figure out the best way eat a large hamburger.  It included a 3D scan of the hamburger to study how the particles interacted together.

Now that I’ve teased you, click on the link to watch the 1:26… Read More

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