As we approach the end of May and beginning of June, we are getting ever closer to what has been referred to as the “X-Date.” What is the X-Date, you ask? That is the day where it is projected that the government will no longer be able to pay its bills.
As proponents of investing for the long-term, Wolf Group Capital Advisors implements a strategic framework within our financial planning and investment management process that we believe increases the possibilities for positive outcomes. Nevertheless, we understand that client situations and market dynamics are ever-evolving and that there is no one-size-fits-all solution.
Retiring abroad can be a thrilling adventure, especially for those looking for a change of scenery in retirement. With a solid financial foundation, you can have the freedom to choose from various options when selecting a foreign retirement destination. The world is in your hands, and the choices are endless!
With the recent Silicon Valley Bank failure dominating headlines over the past couple weeks we would like to share our views on what happened, the potential for contagion risk (which we view as unlikely) and some additional implications for financial markets.
Many changes have arisen out of the recent passage of the “Setting Every Community Up for Retirement Enhancement Act of 2022” (or more commonly referred to as the “SECURE 2.0” bill). Some changes will take place as soon as this tax year, while others will be phased in over a several year period.
Embrace the Fog—2023, A chance for upside surprise? Every calendar year, as one year ends and another begins, we receive a deluge of financial forecasts and predictions for the new year. When looking back on these predictions 12 months later, they tend to be wildly off base and, in the vast majority of times, flat out wrong.
With 2022 now behind us, not only do we have the opportunity to plan ahead, but also to take a moment to reflect on the year that passed. In the financial markets, as within our personal lives, we must take the good with the bad, adapt to new and changing circumstances, and learn from our mistakes.
Every day, more and more young people are entering the investment markets for the first time. A quiet wave of investors is growing in force, and it appears that their priorities are different than those that preceded them.
While the traditional 60% stocks and 40% bonds portfolio (60/40) has historically been used as the primary example of a core diversified portfolio delivering attractive risk-adjusted returns, it has struggled year-to-date. The illustration below from BlackRock plots various annual stock and bond returns showing only four times when both stocks and bonds were down simultaneously, including this year.
Where is the real estate market heading? We at WGCA recently hosted a webinar with members of the Erich Cabe team at Compass, addressing essential questions that buyers, sellers, and real estate investors are asking about the current and future state of the housing market. You can watch the recording here in case you missed!