On Wednesday, October 29th, 2025, New Capital’s Annual Conference brought clients together in Houston and online for a day of insight, perspective, and connection. The program featured thoughtful presentations on markets, caregiving, technology, and the economic outlook.

While market swings and tariff headlines grab attention, sometimes the best response is to tune them out. Focusing on long-term trends rather than daily movements reveals a smoother, steadier climb, reminding investors that patience often outperforms reaction.

With new tax rules from the One Big Beautiful Bill Act, it’s time to rethink your year-end giving. Smart moves—like donating early, itemizing, or gifting appreciated assets—can help you save on taxes and amplify your impact in 2025.

Start early to set your kids on the path to financial independence. With options like Roth IRAs, HSAs, 529s, and custodial accounts, parents can teach the value of saving, investing, and planning, helping the next generation build lasting wealth.

Understanding Medicare’s complex rules is key to avoiding lifelong penalties. With the right timing, coverage choices, and expert guidance, you can protect your health and your wallet as you transition into retirement.

With a federal mandate shifting all agencies to electronic payments by Sept. 30, 2025, IRS refunds will require bank details on file. Paper checks may no longer be accepted for payments, so taxpayers should plan accordingly.

A government shutdown is here, halting nonessential services while core functions remain. History shows markets usually take these in stride, though longer standoffs can weigh on growth.

Stocks extended gains in Q3, with the S&P 500 and Nasdaq reaching record highs after the Fed’s first rate cut since 2024. Small caps outperformed, emerging markets led globally, and bonds advanced as yields eased, signaling broad momentum across markets.

The Fed cut rates by 0.25% in September, citing a softer labor market. While tariff-related inflation may still emerge, more cuts could follow depending on jobs and prices. Lower rates may weigh on savers but could support stocks if the economy avoids recession.

NVIDIA’s earnings rose more than 60% over the past year, far outpacing the S&P 500, yet its shares slipped as high valuations left little room for upside. With nearly 8% of the index but about 4% of its earnings, the stock shows how markets price future expectations.

AI is reshaping business, and your portfolio can ride the wave. Major AI ETFs cover hundreds of companies, from tech leaders to unexpected names. Diversified exposure helps investors access AI opportunities without gambling on a single winner.

Inflation remains steady while growth shows signs of slowing, raising stagflation concerns. Unlike the 1970s, today’s economy faces different energy and labor dynamics, but investors may still manage risk with diversified portfolios and selective bonds.

Charitable giving rules shift under the One Big Beautiful Bill Act. From new deductions for non-itemizers to limits for high-income donors, 2025 changes make it essential to rethink timing, mix of gifts, and strategies to maximize impact and efficiency.

Stand-alone long-term care insurance is declining as hybrid policies gain popularity. These combination products provide a death benefit or lifetime income even if care isn’t needed, though complexity, lump-sum costs, and opportunity considerations remain key factors.

Estate planning meets flexibility with the 5 by 5 Power in Trust. Beneficiaries can access Trust assets annually, balancing immediate financial needs with asset protection and long-term tax efficiency.

Despite continued market volatility and rising political and economic risks, New Capital portfolios remain broadly diversified and resilient. Recent policy shifts, international developments, and AI-driven innovation are influencing portfolio strategy, with tactical adjustments reflecting both caution and opportunity.

NCM360 now offers enhanced security through Multi-Factor Authentication and smarter, personalized communication via SMS messaging.

Assessing the new over-65 deduction and its implications for Social Security taxation, as well as new rules for charitable giving and the SALT deduction.

Markets rise not because predictions are right, but because people innovate, adapt, and persevere. David Booth argues that investing is a long-term bet on human ingenuity—and history shows it's a powerful one.

Choosing the right home care means evaluating services, caregiver credentials, and flexibility to ensure a safe, supportive fit.