2019
May 20
Retirement Uncertainties: Why Financial Planning is Necessary > Issue 2 by Cadence WM

Healthcare Spending Is Increasing Faster Than the General Inflation Rate. The changes to what we pay for the goods and services we buy do not increase by the same rate every year; some years they go up slowly, some years … Continue reading

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May 6
Retirement Uncertainties: Why Financial Planning is Necessary > Issue 1 by Cadence WM

The only certainty about the future is that it is uncertain.  When it comes to retirement planning, identifying the uncertainties and their potential financial impacts are our best shots at protecting ourselves from those things that could prevent us from … Continue reading

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Apr 22
Either You Believe in Magic or You Believe in Math by Cadence WM

What we have been experiencing in financial markets the last few years has been truly mind-boggling. We would venture to say that nobody could have come even remotely close to forecasting the combination of events that have played out since … Continue reading

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Apr 10
There Will Be A Downside To This Investment Cycle by Cadence WM

Since the US stock market bottomed after the Financial Crisis in March of 2009, large cap US stocks have returned around 15% per year.  The vast majority of other investment categories have not enjoyed nearly the returns of the US … Continue reading

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Mar 25
What’s Changed Since December? by Cadence WM

Simply put, stocks have continued to rise in February while growth data has continued to weaken – fairly decisively. If all one cares about is investing in what’s currently going up, then this rally in stocks seems like a no-brainer. … Continue reading

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Feb 19
The Monkey and the Volcano: A Cadence Fable Revisited by Cadence WM

While we don’t know whether or not the rumblings heard during the 4th quarter of 2018 were just more noise or the precursor of a much larger pyroclastic flow, we thought it may be a good time to revisit the … Continue reading

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Feb 11
What to Think of Interest Rates and Bonds – Revisited by Cadence WM

We wanted to revisit a blog post from exactly one year ago today that touched on why a rapid rise in interest rates matters for stocks. At the time – Feb 9, 2018 – interest rates had risen over 100% … Continue reading

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Jan 8
Losses Get No Respect by Cadence WM

When it comes to investing, everybody thinks about progress in terms of returns. This makes sense since without them financial goals are much harder to achieve, but very little time is spent thinking about losses and the role they play … Continue reading

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2018
Dec 10
Ask Cadence: How does today’s geopolitical environment influence markets? by Cadence WM

There’s no question that geopolitical headlines can affect markets on any given day. An escalation of tariff disputes with China, a change in tone coming from the European Central Bank (ECB), tension with our allies in the Middle East – … Continue reading

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Nov 13
Ask Cadence: If I haven’t participated in the stock market gains over the last couple of years, will my retirement be negatively affected as a result? by Cadence WM

Put simply – no, and here’s why. Think about it this way: Stocks at any point in time can be ranked on a scale of one to ten based on how expensive they are. The vast majority of the time, … Continue reading

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Oct 16
Warnings Can Take Time To Play Out by Cadence WM

For an activity that is supposedly best done using pure logic, investing can be incredibly emotional. There will inevitably be times that test one’s intestinal fortitude and to expect otherwise is envisioning a path that has never existed in financial … Continue reading

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Sep 12
Thoughts from the Investment Team – This is Where Mistakes Are Made by Cadence WM

John Pierpont Morgan was known to have said, “Nothing so undermines your financial judgement as the sight of your neighbor getting rich.” Understanding the bigger picture can help us avoid unrealistic performance extrapolation (both up and down) and stay focused … Continue reading

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Aug 23
It Pays To Understand The Indexes by Cadence WM

There’s an old business axiom “You Are What You Measure” and when it comes to investing, there is no shortage of things to measure: returns, risk, alpha, beta, tracking error, and so on. Each has its purpose. Measuring investment performance … Continue reading

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Aug 10
What’s Up With Gold? by Cadence WM

The last few weeks have been very unkind to gold investors with the rather choppy upward trend since the beginning of 2016 being called into question with a seemingly day after day drop in price. From a technical standpoint, gold … Continue reading

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Jun 6
Strong Jobs Report! All Good, Right? by Cadence WM

The most recent monthly jobs report came out last Friday and was solid on most counts. The pundits were very excited about it and used it as an example of how strong the economy is and where it’s likely headed. … Continue reading

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May 24
Is There a Bear at the Door? by Cadence WM

On March 22nd we sent a special edition of our monthly Cadence Clips entitled “Was January 26 the Bull Market Peak?” After that S&P 500 peak of 2,873, the index’s value closed at ~2,581 twice: on February 8th and April … Continue reading

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May 9
Ask Cadence: If I am not invested in the stock market, am I missing out on these returns forever? by Cadence WM

Any investor who has not been 100% invested in the stock market since March 9, 2009 has missed out on some amount of stock market returns. However, everyone knows very few people should ever be 100% invested in the stock … Continue reading

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Apr 12
Ask Cadence: Where are the safe places to invest if I’m nervous about the stock market? by Cadence WM

As a reminder, there are no completely safe places to invest, as nearly all investments have the potential to lose value at times, but there are almost always some investments that are relatively safer than others. The first step in … Continue reading

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