The New Capital JOURNAL
Financial news, views, advice, and guidance.
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U.S. Fiscal Issues: Larger Deficits Are Driving Up Debt
Here's a closer look at the nation's current fiscal situation and what it could mean for future economic growth.
Podcast: How To Think About Health Care Costs in Retirement
In this 15-minute podcast, Stephen Weber, an analyst at Vanguard's U.S. Wealth Planning Research Group, takes on this sometimes anxiety-provoking subject and helps advisors and investors find their way around the complex landscape.
Alternative Reality
Some investors, in search of additional potential volatility reduction or return enhancement opportunities, may even try to extend the opportunity set beyond stocks and bonds to other assets, many of which are commonly referred to as “alternatives.”
The Tao of Wealth Management
The path to success in many areas of life is paved with continual hard work, intense activity, and a day-to-day focus on results. However, for many investors who adopt this approach to managing their wealth, that can be turned upside down.
Declarations
Many in our nation report being conflicted about their feelings during this holiday given the deep level of civil and political strife now present in daily life.
Pain at the Pump: Why Does It Cost More to Fill Your Tank?
If you're like most consumers, you may feel that you're playing gas-price roulette every time you fill the tank.
Where's the Value?
From 1928–2017 the value premium in the US had a positive annualized return of approximately 3.5%. In seven of the last 10 calendar years, however, the value premium in the US has been negative.
Interest Rates Rise on Federal Student Loans for 2018-2019
Interest rates on federal student loans are set to rise for the second year in a row. This table shows the interest rates for new loans made on or after July 1, 2018, through June 30, 2019.
New Reports Highlight Continuing Challenges for Social Security and Medicare
Based on the "intermediate" assumptions in this year's report, the Social Security Administration is projecting that the cost-of-living adjustment, (COLA) announced in the fall of 2018, will be 2.4%.
What You Pay, What You Get: Connecting Price and Expected Returns
Stock prices are changing every day—and as prices change, so do expected returns.
Planning for health care costs in retirement
Vanguard has developed a new model to forecast health care costs for U.S. retirees.
The Right Track
Two recent new items caught my attention that illustrate environmental, social, and governance issues associated with business.
The Impact of Inflation
When the prices of goods and services increase over time, consumers can buy fewer of them with every dollar they have saved.
Retirement Confidence Improves for Workers, Declines for Retirees in Critical Areas
In its 28th annual Retirement Confidence Survey, the Employee Benefit Research Institute (EBRI) discovered that 64% of today's workers feel very or somewhat confident in having enough money to retire comfortably, up from 60% in 2017.
Changing Market: Municipal Bonds After Tax Reform
The muni market stabilized through April 2018, but uncertainty remains.
Relative Performance of Flagship Equity Funds
A summary presentation highlighting key aspects of Dimensional's approach to investing.
A Look at Dimensional's Investment Portfolios
Provides a high-level snapshot of our product offerings for a broad audience.
2018 Mutual Fund Landscape
Dimensional has updated its Mutual Fund Landscape report through 2017. The analysis shows that a majority of fund managers evaluated failed to deliver benchmark-beating returns after costs.
Conference Call - Second Quarter Market Update
Leonard Golub, CFA & Todd Centurino, CFA of New Capital Management discuss the first quarter market results and their views on future projections.