Most economists know forecasting the timing of a recession is a fool’s errand. I knew this in 2017 when I told clients I expected the stock market to climb higher until our next recession which may occur in the first quarter of 2020. Would I end up feeling foolish if my assertions did not hold true? Of course not. A lot can change in three years…Read More
t’s September already. Here at the Noble Wealth Partners Global Headquarters, we’ve feverishly examined every calendar we can get our hands on because it seems so crazy to us, too. But alas, it’s true. So let’s get started before fall comes knocking…
Charlatan | char·la·tan | nounRead More
The summer appears to be wrapping up in unison with the global economic expansion. For the investment world, August brings waning economic growth into sharp focus and geopolitical issues we have been listening to in the late…Read More
With all the talk of the fed cutting interest rates in the news recently, and with the historically low employment numbers I decided to ask the question, can the Federal Reserve achieve the other half of their dual-mandate and…Read More
The most common phrases I hear when chatting with people about my firm and what I do for a living is some variation of the following...
"Sorry Jeff. I don't have any wealth for you to manage!"
“Financial planning, huh. Do you help people with budgeting? I hate budgeting. I don’t even want to talk about budgeting.”Read More
For years, I have unsuccessfully attempted to explain to clients the difference between a fiduciary and a typical advisor. A fiduciary must always act in your best interest and is legally bound to do so. On June 5, the Securities and Exchange Commission passed a set of regulations to improve the transparency behind what advisors are…Read More
Today, IMF Managing Director Christine Lagarde shared her thoughts on the global economy during the United States 2019 Article IV Press Conference. For those not aware, the IMF is the International Monetary Fund which is an…Read More
As with many things in finance, there is simple layer of information that most investors should understand, and a decidedly more complex set of details that sit below the surface. The goal of today's Continuing Your Education, as always, is to simplify and summarize what is the most important.Read More
After a long hiatus, the final season of the HBO series, Game of Thrones airs tonight! The exuberance of those waiting for the final season now resembles the excitement of stock market investors digesting the prospect of the Fed cutting interest rates. There are a lot of moving parts and important characters to follow in this final season.Read More
We often ask our clients, “What keeps you up at night?” I often wonder if our clients are curious what keeps us up at night? I would suspect they would think it is a recession, political risk, or some variation of those two. Last night, I…Read More
Once people know you’re in the investment business, this is the question you hear the most from friends, family, and acquaintances in social situations…and they’re generally looking for how the Dow Jones Industrial Average did and they usually want that number in points, not percentages.Read More
Is permanent life insurance (also known as whole life insurance) the protection you need? Many of us have heard the sales pitch, “You’re young, if you buy life insurance now it is cheap. If you wait, it is expensive. You can take…Read More
If Muhammad Ali was an investment strategist, he may have said, “An investor that views the stock market in 2018 as they did in 2017 has wasted thirty years of market data.” At Noble Wealth Partners, do we view 2019 as we did in 2018?Read More
In late 2016, I joined a financial advisory practice located inside a high-rise building in the heart of the Denver Tech Center. Within my first few months I found out the top clients of the practice had allocated an imprudent amount of their wealth to different BDC (Business Development Companies) vehicles. These vehicles were born from yield-Read More
Today, we are facing a retirement savings pandemic - a “Randemic.” But why? You work, you save, you retire. Simple….right? Well - not exactly. To save for our retirement, we have to fight the urge to spend our money as we earn it, and defer the enjoyment of our hard-earned money in hopes that ourRead More
It’s been said to have been called “The 8th Wonder of the World” by Albert Einstein. When asked what the greatest invention in human history was, Einstein supposedly said “Compound Interest” and that it was the “most powerful force in the universe”. To paraphrase part of this infamous (if unverified) quote by Einstein, “He who understands it, earns it, he who doesn’t, pays it.”Read More
Last week, Thanksgiving reminded me there are many things to be thankful for. Most importantly – friends, family, food, and shelter. Us Americans should also be grateful for a strong job market, a healthy economy, and tariff-free turkeys. As we near the longest expansion in U.S. history, just behindRead More
“Alexa, what’s the Spanish word for horse?” my son asked his living room as he scrambled eggs in the kitchen, hoping to expand the vocabulary of his 3-year-old daughter, Cali, at the same time.Read More
One of the most fundamental aspects of economics and money is the relationship between supply and demand and its effect on prices. When the stock market reaches certain valuations, sometimes there just aren't enough buyers (i.e. demand) at those new, higher prices. This means, the market can go downRead More
Have you been watching the markets the past few days? Harrowing!
If you’re like many people you may be currently recovering from the damage the headlines did to your heart.
And that’s understandable. News stations screaming that…Read More