Bond prices have been coming down a lot ytd 2022. Does this mean that we are heading towards a bond bull market? Here are some basics on bond prices - Bonds usually pay interest semi-annually which can be a good income source for retirees. Investors will typically look for the highest paying interest bonds with the highest credit quality. However, while rates have been at historic lows, investors could not locate bonds paying much interest at all. For this reason, bond pri
Gold can be a great way to diversify a portfolio but needs to be done carefully and with a financial plan. Historically an investment in Gold has been an inflation hedge and a hedge against a depreciating dollar, but we continue to see a rising dollar and high inflation so there is risk involved. GLD is down around 5% YTD 2022 and is down about 17% from its 2022 high; however, Gold can still be a hedge against things like the start of WWIII or China (CCP) invading Taiwan. W
The above chart illustrates what approximate total return fixed income investors will earn by buying treasuries as of Sept 1st 2022. a) We see the curve is downward sloping from the 2 yr to the 10 yr. (Inversion) This has happened in the past as a precursor to a recession. We are in a technical recession in terms of slowing GDP. b) The 30 yr rate is also below every bond maturing in five years or less. Why would you want to tie up your money for 30 years if you could yi
Here are a few considerations when thinking about your annual RMD- 1) Is part of your annual income already going to a 501(c)3 charity? If that is the case, then you may be able to exclude part of your RMD from income tax by donating directly from the IRA to the charity. This is called a Qualified Charitable Distribution. Some custodians allow you to set up a check book on your IRA account which makes requesting and tracking your QCD's easier. Charities need to be a qualify
Bulldog Financial Planning (BFP) is a fee only financial planning company located in Cumberland, RI. My name is Patrick Randall and I am a CERTIFIED FINANCIAL PLANNER™ professional with an MBA in Finance. I am the owner of Bulldog Financial Planning. My independent practice offers hourly financial planning, managed accounts and wealth management accounts to individuals and their families with full disclosure of compensation received by me and the company. Revenues include h
Bulldog Financial Planning (BFP) recognizes that adding money to the market is not going to be the right recommendation for every client. The BFP Fiduciary process includes a suitability review that is designed to identify the risk profile for each individual client and evaluate alternatives. Here are a few of the basics and a bit more about handling the conflict of interest when offering Managed Accounts. 1) Do you have a safety fund? Typically a safety fund has around 6 mo
Today marked the second test of the Business Continuity Policy at Bulldog Financial Planning. The process went smoothly and took about half of a day. What does Business Continuity mean? Business continuity is the term used to describe the capability to continue operations while experiencing a business disruption(s) without compromising customer information. Businesses can be disrupted by a number things including natural disasters, internet outages, and electricity outages.