The SECURE 2.0 Act will help Americans bolster their retirement savings and strengthen their long-term financial security. The common-sense solutions in the bill—including encouraging employers to offer more plan options and making it easier for small businesses to offer retirement savings plans—will help ensure employees’ retirement savings last a lifetime. Here’s what you need to know about the SECURE 2.0…
Adam Scott, Principal and Senior Investmenr Advisor of Argyle Capital Partners is featured in Barrons 2022 article “Thinking of Paying Off Your Debt? Think Again, Say Advisors.” Got debt? Don’t be so quick to dump it. That’s what financial advisors are telling clients with low-rate, fixed debt these days. “There’s never been a worse time to pay more than is…
It’s been hard to avoid the story of a company called GameStop (ticker symbol ‘GME’) this week. GameStop is a small video game and video game electronics company, and they’ve made headlines this week as some large hedge funds are—as of now, anyway—losing a very public and very expensive battle with retail investors. At least, that’s the story. We are…
On March 27, 2020 the U.S. House of Representatives sent a $2.2 trillion emergency fiscal stimulus package, called the Coronavirus Aid, Relief and Economic Security Act to the White House for the president’s signature. The CARES Act, representing approximately 10% of the annual gross domestic product (GDP) of the United States, was designed to blunt the negative economic impacts of…
Dear Clients & Friends: There aren’t really any words to accurately describe the week we all just experienced. In the news, in our local schools and stores, in our own homes, and of course in financial markets. It has been unprecedented in every way. There are lots of opinions floating around about what’s happening—why the market seems to be falling…
Dear Clients & Friends: 2018 has been a year to forget, in many ways. And yet… Unemployment is at a ~50-year low, the economy continues to chug along at about a 3% GDP annual growth rate, corporate profits are at a post-war record, and consumer spending (PCE) is up on both a month-over-month and year-over-year basis. Yet we just suffered…
This article was previously published on RealMoney at 2:30pm EST on March 6, 2018 It’s been an interesting start to the year. Given how strong 2017 was, coupled with tax reform that would be taking effect in 2018 (and reducing both corporate and individual tax rates for the coming year) it felt smart to anticipate some selling in January. Waiting…
This article was also published on RealMoney at 3:00pm EDT on May 10th, 2017 We last posted here in February on the topic of euphoria, or at the very least excessive complacency. The S&P 500 was about 2,330 and the Dow about 20,500 at the time. Both indices are about 2.5% higher today, and the headlines du jour concern the record-low readings we are seeing…
This article was also published on RealMoney at 11:00am EDT on Feb 13, 2017 We often associate euphoria with excitement, jubilation, and excessive risk taking. People slapping each other on the back in public, complimenting one another and themselves for their genius when discussing recent stock trades. Vows to never allow a repeat of the torture and mental anguish suffered last time around.…
This article was originally published on RealMoney at 9:00am EDT on Nov 30th, 2016 There is a scene in the cult classic 2002 movie ‘Roger Dodger,’ in which Uncle Roger (played by Campbell Scott) describes his job as an advertising executive to his nephew Nick (played by Jesse Eisenberg). Paraphrasing a bit, Roger tells Nick that the first step in a successful advertising…
