Happy New Year! I hope 2015 is a wonderful year for you and your loved ones.
While we don’t know what the markets will do this year (nor do any of the financial prognosticators on TV), we believe international investing should be a part of our clients long-term plan. Though this year was a particularly difficult year for investing internationally, we continue to believe our clients are well served by having a globally diversified portfolio with exposures to numerous asset classes. We will continue to focus on areas of the market that have historically provided better outcomes for the families we work with. Economist Eugene Fama won a Nobel Prize for demonstrating that the stock market is a “random walk” — its short-term moves don’t reveal anything about the long-term trend, so we will remain focused on our clients long-term goals. Our first article has some powerful insights on why investing internationally makes sense in both up and down markets.
On a lighter note, in the spirit of resolutions, the second article provides some simple, easy to implement, changes to our day to day spending that can have a dramatic impact. I know you can find at least a couple of useful tips in “50 Ways to Improve Your Finances in 2015.” Choose two or three ideas that you think are doable for you and put them into practice.
And lastly, read about the new 529 ABLE which has the capacity to change the landscape of using special needs trusts and planning for special needs beneficiaries for many years to come.
We look forward to working with you to help you meet your goals this year—and every year!
Articles of Interest
Focusing on Short Term Returns can be Hazardous for your Wealth
Why global diversification is so important.
50 Ways to Improve Your Finances in 2015
Find a few ideas you can implement this year.
Meet the new ABLE 529 Plans
State sponsored savings accounts offers the disabled and their families the benefits of tax-free growth.
International markets involve additional risks, including, but not limited to, currency fluctuation, political instability, foreign taxes, and different methods of accounting and financial reporting. As a result, they may not be suitable investment options for everyone. Diversification neither assures a profit nor guarantees against loss in a declining market.
Stephanie was invited to join South Carolina Women’s Business Center (SCWBC) Advisory Committee. The SCWBC is, a program of the Center for Women that offers women entrepreneurs guidance, training and free business counseling .The SCWBC is one of over 100 Women’s Business Centers in the United States that provide services for women currently in business or considering becoming a business owner, to develop skills and network with like- minded women.
Tax season is upon us and your 2014 Tax Packages are now available. Please contact us if you have any questions or need to put us in touch with your tax advisor. We are ready and available to help make this tax season less stressful for you!
We are moving! Charleston Investment Advisors is moving in March of this year to 654 W. Coleman Blvd in Mt. Pleasant. Keep an eye out for a formal announcement and our Open House.