The Joseph Group

Wealth Notes: Inform

  • Bond Math Has Changed – And That’s a Good Thing

    September 30, 2022

    To Inform:  Stocks are retesting their June lows but one of the factors which has made the market environment particularly challenging is bonds are down as well. Most often, when stocks are down, bonds will tend to cushion the blow, but with the Bloomberg Aggregate Bond Index down over -14% YTD, bonds haven’t been a […]

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  • Annual Gifting

    September 23, 2022

    To Inform:   “How much can I give someone each year?” We hear this question often and justifiably so as the amount has changed over the years. In this WealthNotes we’ll demystify personal gifting. What is the Gift Tax? The annual gift tax exclusion has been around since the 1920s as a way to prevent […]

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  • One Step Forward, Two Steps Back

    September 16, 2022

    To Inform: “One Step Forward, Two Steps Back” is perhaps the best way one can summarize today’s market conditions. Markets rallied from June to August on several factors, eventually rising almost 20% from the year’s low hit on June 16. Since then, the S&P has slid almost 10%. Why the tug-of-war? How long will we […]

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  • Tax Loss Harvesting: Strategic Selling for Lowering Taxes

    September 9, 2022

    To Inform:   Years like 2022 when both stocks and bonds decline are rare. Because of the conservative assumptions built into the financial plans of the clients we have the privilege of serving we know those plans can tolerate years like this. Nonetheless, it’s sometimes hard to find silver linings in market drawdowns. One silver […]

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  • Notes from the Field: Portfolio for the Future

    September 2, 2022

    To Inform: Wednesday night I attended the programming season kickoff event for the Columbus CFA (Chartered Financial Analyst) Society. I had a front row seat for a panel discussion concerning “The Portfolio for the Future.” Panelists included the President/CEO of an institutional asset manager, the CEO/CIO of a local Private Wealth Firm and senior investment […]

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  • Commodities: The Beginning of the End or the End of the Beginning?

    August 26, 2022

    To Inform:  On my desk is a copy of Anthony Sampson’s book, The Seven Sisters. The book details the history of seven of the largest oil companies that formed in the years after the breakup of John D. Rockefeller’s Standard Oil. It highlights some of the drama and political intrigue behind the discovery and exploration […]

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  • The “Robin Hood” of Tax Credits

    August 18, 2022

    To Inform: Let us propose a thought experiment. Suppose that fussy old Prince John has usurped governorship of Ohio and he’s taxing you hand over fist. You and your spouse decide that you want to stick it to that criminal curmudgeon, so you take $1,500 of your taxes owed and give it to the private […]

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  • Are We in a New Bull Market? A Look at Both Sides

    August 12, 2022

    To Inform: An up or down move of 20% is commonly used to define bull and bear markets. By that definition, the NASDAQ index, which is heavily weighted toward technology stocks, is in a new bull market. The NASDAQ index hit a low of approximately 10,646 on June 16 and traded at 12,854 on August […]

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  • A Recession by Any Other Name?

    August 5, 2022

    To Inform: “What’s in a name? That which we call a rose by any other name would smell as sweet.” This line from Romeo and Juliet highlights a very important principle – what matters is what something is, not what it is called. There’s been some debate over the meaning of the word “recession” over […]

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  • What a Difference Six Weeks Makes

    July 29, 2022

    To Inform: Last night I had the privilege of attending the meeting of a local investment partnership. This group of savvy business owners and professionals meets monthly to enjoy amazing food, allocate capital within their investment fund, and serve as a “think tank” for local and global economic conditions. Part of the meeting involves reviewing […]

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