The Evolution of Bitcoin – Market Fact

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Client Education, Currencies

Bitcoin, essentially virtual money traded by digital exchange, has received tremendous media coverage this past month.  This “currency” emerged on the market in 2008 designed by a programmer or group of programmers under the name of Nakamoto, whose real identity remains unknown.  Bitcoins exist as software, not physical currency, and are not regulated by any country or banking authority. Mined …

Which States Have the Highest Gas Tax – Fiscal Policy

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Client Education, Energy Markets, Fiscal Policy, Taxes

Many states continue to grapple with the effects of falling fuel prices.  Resource-heavy states like Alaska are particularly hard hit.  Even states that do not produce gasoline are being affected.  The lower fuel costs are bringing in less gas tax revenue in some states causing budget deficits. Taxing gasoline is controlled by the states, not the federal government, allowing states …

Investing in Precious Metals

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Client Education, Investing, Precious Metals

Investing in Precious Metals November 11, 2016 With the constant barrage of commercials, talk-show hosts and unsolicited emails etc. touting the virtues of investing in gold or silver, we are often asked whether it would make sense for them. The question we have to ask ourselves is what would be the purpose of our investment in precious metals.  First of …

What’s Up With Emerging Markets?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Client Education

Many of you may agree that any exposure to Emerging Markets has continued to disappoint. However, this is not the time to diversify away from this sector of the market; in fact, quite the opposite is true. We need to keep in mind that ultimate success in long-term investing really boils down to the fundamental factors at work. For instance, …

Is The Market Growing Too Fast?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Client Education

Since the last bear market reached bottom in March of 2009, the S&P 500 has roared back 179%. As Dr. David Kelly of J.P. Morgan points out, “with the exception of the bull markets that started in 1982 and 1987, this has been the strongest bull market since the late 1940s.” (J.P. Morgan Market Insights, May 13, 2014) The question …

Our Learning Center

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Client Education, Financial Managment

Ben Bernanke, Former Chairman of the Federal Reserve, once said: “Among the lessons of the recent financial crisis is the need for virtually everyone — young and old — to acquire a basic knowledge of finance and economics.” We agree. In an effort to assist you in gaining more insight into the financial world, we have provided very helpful information …