chatham

Peapack Private Wealth Insights

January 13, 2017

2016’s final days left bond investors unsettled. Just a few months ago, with the backdrop of the surprise July Brexit vote, U.S. Treasury yields hit record lows. Donald Trump’s election as president has increased concerns of a new round of tax cuts and greater government spending, which could ...

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This is a good time of the year to examine your 2015 tax return. It can help determine why you pay the taxes you do and what -- if any -- steps you can take now to minimize that number for 2016.   Most of the action takes place on page one of your 1040. The key number is your Adjusted Gross ...

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We all begin each year with good intentions: we’ll save more, pay down debt, get our financial house in order.  The key to any of this is to state a goal in measurable terms and lay out small, concrete steps to get there. On the financial side, technology has made taking those steps much simpler.

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Many posit the theory of rational man, who coolly and carefully calculates his self-interest in a logical manner. We all fall somewhat short of that ideal.  In the financial markets, irrationality can be costly. What are some of the common foibles, and what can we do to minimize their damage to our ...

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Self-employed? Add one more responsibility to your to do list: managing your own retirement plan. Whether you work for yourself on the side, outside of your “real” job, or you are solely self-employed, you have options. As is the case with employer-provided plans, almost all of them allow you to ...

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Investors remain skeptical about embracing stocks given the recent rally. Volatility in 2016 has been sharp and dramatic to the upside and downside. Following the devaluation of the Chinese currency in January, the S&P 500 experienced its worst start to a calendar year ever! Worse than 1929, ...

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Clients have numerous options when it comes to using trusts as part of their financial plan and investing those assets properly is key. Trusts are most commonly part of an estate plan and are used to reduce taxes, protect assets and provide for a desired distribution among family members and other ...

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We all are so focused on the everyday details of our jobs that we often overlook one of the endgames – retiring comfortably.  401(k) plans are employee sponsored saving plans that allow you to contribute pre-tax funds which then grow tax-free until you retire and withdraw. They are a good deal, so ...

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In August, for the first time since 1999, all three major indices, the Dow, S&P, and the Nasdaq, hit a record high on the same day. It doesn’t feel like 1999. Today, investors fret about weak earnings growth, Brexit, the implications of negative interest rates cloaking much of the globe, and a ...

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This is a good time of the year to examine your 2015 tax return. It can help determine why you pay the taxes you do and what -- if any -- steps you can take now to minimize that number for 2016.   Most of the action takes place on page one of your 1040. The key number is your Adjusted Gross ...

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For the past 15 years, the BRIC countries (Brazil, Russia, India, and China) had been given the most hype as emerging markets. These four nations carried the global economy, particularly when the US housing bubble burst in 2008. However, today only one BRIC stands as emerging, India. China has ...

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From now until November 8, Election Day, the media will go non-stop about the US elections -- the endorsements, the polls, the debates. The candidates will do their best to convince you that they are the best choice – and for most Americans that comes down to how it affects their ...

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Healthcare care stocks had been one of the best performing sectors for years, but that performance came to a halt last year as concerns in the sector have moved into the spotlight. The issues pressuring the stocks are not new, yet the worries have been further ignited by increased attention ...

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Financial stocks have the dubious distinction of being the worst performing sector in the S&P 500 thus far in 2016.  The financials win the additional prize of being the worst S&P performer over the past decade, declining roughly 30% during that time.    So investors need to ask, is a ...

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Despite it being the eighth year of an historic bull market, plenty of headwinds confront investors.  At the top is corporate earnings:  We have just seen the fifth straight quarter of year over year declines.  Lower earnings make stocks more expensive, pressuring prices. Meanwhile, the Federal ...

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We want our children to think well of us -- both while we’re here and after we’re gone.  Sometimes, despite our best intentions, we leave our finances in a situation no one else can understand. That keeps us forefront in our children’s minds -- but perhaps not in the way we’d like. Over the ...

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The fixed income allocation of a diversified portfolio should be created to provide capital preservation to counter the volatility of stocks in the portfolio. Yet, despite most attention given to the ups and downs of stocks, bonds have been atypically volatile since the middle of 2013. Following ...

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Investors are constantly trying to attain that holy grail of a diversified portfolio, one that can survive the ebbs and flows of a global economy. This often involves adding some foreign stock exposure into the mix. This international exposure has often been determined by where a company is ...

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Market ups and downs can easily derail the best of intentions. Emotions can run high as you see your life’s savings decrease in value at a pace that always seems to move faster on the way down than it does on the way up. Understandable as it is, financial decisions based on these emotions ...

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With the onset of spring comes hordes of high school juniors and sophomores, touring college campuses. If your child is among them, you should be conducting your own due diligence. Yes, you want your child to love his college. You also want the college to love him back—by being ...

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2016 has been a big disappointment for stock investors. A cratering crude price spooked many, falling 18% in January, following December’s 15% dive. A tone deaf Federal Reserve also weighed. Markets Rebound Mid February However, there are now plenty of reasons for a constructive ...

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The financial advice world is suffering from a bad case of credential proliferation. The list of initials following many advisors’ names may dwarf the name itself. Impressive? Not necessarily. If you are interviewing a new advisor or simply meeting with your existing one, ask what every letter ...

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It’s a new year, a great time to make sure your nest egg is still on track. Rebalancing to a pre-determined asset allocation will keep your risk profile in check, potentially enhance returns and can also prevent an investor from making impulsive decisions during times of market ...

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In late 2014, Congress passed the Achieving a Better Life Experience Act (ABLE) — think of it as creating 529 accounts for those with permanent disabilities. ABLE accounts can potentially make a huge difference in the lives of those struggling with disabilities and will be available in New ...

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When we think about all of the types of financial risk to try and minimize, we often overlook the peril of owning too much of our employer’s stock. We don’t realize how closely our investment portfolio ties to our cash flow if we are heavily invested in company stock. We buy our ...

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Stock volatility will continue in 2016. The markets will wrestle with two macroeconomic issues: the pace at which the Federal Reserve will raise interest rates; and China’s economic slowdown. Stock selection remains critical. Buy the dips in 2016! Hide in High Quality Mega Caps We recommend ...

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Congress’ recently passed budget act has great news for IRA holders taking required minimum distributions -- the ability to direct as much as $100,000 of that distribution to charity has been made permanent. This comes after nine years of on and off legislation, fixes so late in the year few can ...

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On July 1, local personal insurance giant Chubb (CB) agreed to be acquired by Zurich based commercial insurance giant ACE Ltd (ACE) for $28.3 billion, the largest acquisition in the Personal & Casualty (P&C) insurance industry history. ACE paid a healthy 30% premium to acquire Chubb, ...

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Value versus growth? Which is better, and when? There’s no one right answer. So, should investors stick with growth stocks’ recent momentum, or start tilting to value laggards? Bottom Line Although over the long haul value investing has outperformed growth investing, value stocks have fallen ...

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Exchange Traded Funds (ETFs) are baskets of securities that track a particular index or market segment.  ETFs are akin to mutual funds in that they provide a diversified portfolio of securities versus holding and purchasing them individually.  They trade like a common stock on an exchange and ...

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