Peapack Private Wealth Insights

July 7, 2021

Investors have options when deciding what to do with an employer sponsored 401k after leaving the company.  One option is to simply leave it in place with the old employer and continuing to have the same institution manage the existing funds even though no new monies will be invested.  Another ...

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Call it what you will, a distribution, paycheck replacement, cash flow, dividends, interest, distribution, but the goal of all investing is ultimately to create a regular payout from your nest egg, either now or at some future time, typically retirement. Creating that payout has never been more ...

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In the fall of 2017, not many people had heard of Bitcoin. Months later, after an historic boom and bust, most every investor was aware of this new “cryptocurrency,” but many were still unsure what it was – and even more viewed it as uninvestable. Fast forward three years, and we’ve seen ...

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Congratulations -- you and your child have both done your parts. You’ve saved diligently in a 529 account, building tax-free money to pay for education.  Your child has studied hard and been accepted to a school where she’ll thrive. Now what? How do you connect the dots between that 529 account and ...

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Investment management for private clients presents unique challenges.  Near the top is that profits generated cannot be enjoyed until they’ve passed through the tax filter.  Understanding the tax implications of investing allows some control over the amount of taxes paid even if the path of the ...

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Thematic investing is a popular strategy that allows investors to capitalize on macro level trends resulting from social disruption, economic developments, or technological advances. They look for opportunities that arise due to a major shift in a society’s or an industry’s behavior and select ...

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My dad was the first person to teach me about the effects of compound interest.  In an effort to highlight the benefits of saving and investing, he gave me a scenario my young mind could comprehend.  He asked me to choose to either receive one hundred dollars today or give him a penny and he’d ...

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Last quarter, we reviewed Social Security basics and how single and married people should strategize claiming benefits.  This quarter, we’ll review options for the widowed and divorced, who have more factors to consider. First, a fast overview of the basics:  the key number in claiming Social ...

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We are all glad to bid 2020 adieu.  It was a year unlike any other as the ravages of Covid 19 and a plunging global economy took an emotional and financial toll.  We look forward to 2021 with optimistic anticipation.  The promise of a Covid vaccine, continued global stimulus, and a recovering stock ...

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2020 ended up as a very good year for the markets despite the global tragedy of Covid 19 and the associated economic pain. As of Christmas week the S&P 500 was up 14.8%, significantly above its 9-10% average annual gain, including dividends, for the last 100 years.    The disconnect, ...

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As investors review their stock performance from time to time, dividend payments can seem inconsequential. For long term investors, dividends are an important piece of the return.  Regardless of how the stock price performs, the investor gets paid. Dividends can pump up the return on a stock that ...

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Historically, investors have gravitated towards dividend stocks and for good reason.  Since 1926, as much as half of investors’ total return from the S&P 500 Index has come from dividends.  Those dividend stocks have been nearly twice as profitable as the non-dividend paying ...

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The Pandemic has caused many to leave the workforce earlier than they had planned.  It has prompted others to begin a deep dive into their retirement planning.  Either way, more people are examining their Social Security statements closely, to determine what it all means.  When to begin taking ...

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The new year can’t seem to come soon enough for most investors, and yet we still have almost three months before we belt out Auld Lang Syne.  A global pandemic to start the year led to economic shutdowns and depression-like conditions across the world.  As populations grappled with how best to ...

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The 60/40 portfolio has long been viewed as a win-win for investors.  Conventional wisdom advocates a model portfolio holding a mix of 60% stocks and 40% bonds.  This has historically delivered solid returns with moderate volatility, allowing investors to sleep well at night.  While the 60/40 ...

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It’s been described as surreal.  Despite the worst recession since the 1930s, an unemployment rate not seen since the same vintage, and a pandemic that’s killed over 925,000 globally, the S&P 500 hit its highest point ever at the start of September, recouping its Covid-19 triggered downturn and ...

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Joe Biden has a tax plan, of sorts. He has made discrete proposals at different times that combine to create a progressive overhaul for upper income taxpayers. All of this is a long, long way from saying any of it will become law.  Never mind the election this November—very few Presidential tax ...

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While Covid-19 and its effect on our health, economy, and financial markets continues to grip the Nation, investors and others increasingly are casting a wary eye at the upcoming November elections.  Its potential outcome, possible policy changes, and impact on the investment markets are being ...

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Back in January many believed 2020 would be a mostly non-eventful year.  The expectations for stocks called for a steady gain in the first half with volatility to pick up in the second half as all eyes and ears turned toward the presidential election.  How we’d all like to go back to such simpler ...

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As America went into lockdown from the fiercest pandemic in a century, travel took a back seat to safety and home.  Vacations, commuting, dining out, attending sporting events, trips to casinos, all came to a screeching halt.  These businesses closed their doors, furloughed their employees and went ...

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The stock market has done the one thing nearly all the pundits said was impossible: making a V-shaped recovery.  The stock market, as measured by the S&P 500, has soared nearly 40% since the apparent bottom, March 23.  The market is now up on a year over year basis and is down only about 6% ...

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As the Coronavirus grips much of the world, global travel and commerce have come to a screeching halt.  The last thing people want to think about is getting on an airplane, checking into a hotel or spending money on the latest fashions.  They are concerned about sourcing food, cleaning supplies, ...

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Covid-19 has us all feeling afraid and helpless.  Between health worries and economic uncertainty, it’s easy to feel as though there is nothing we can control.  However, just as we can shelter in place, social distance, and practice good hygiene, so there are concrete financial steps to take now to ...

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Whatever you want to call it: unprecedented, challenging, historic, uncertain, or much worse, investors have seen nerve wracking volatility this year as a result of the global pandemic Covid 19.  In March the market had its most rapid descent ever into a bear market, as investors panicked and ...

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In the face of Covid-19, markets have experienced volatility not seen since the dreaded 1930s.  Stocks were at all-time highs as recently as mid-February, then plunged anywhere from 25 to 40% or more in response to the pandemic. Investors must make key decisions. Over 1/3 of the country is ...

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Amidst a pandemic, it’s hard to think of tax relief as much of a positive.  However, Congress and the IRS have given taxpayers a little less to worry about.  Like everything else, the situation is in flux. Here are current highlights: Most 2019 non-corporate income tax returns, along with ...

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Use the Coronavirus sell off to do some bargain hunting.   Here's why: There's never been a sell off, for any reason, where the market did not recover and reach new highs. Of course, the length of recovery can be protracted.   Uncertainty now is no reason to flee stocks. The market outlook is ...

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Your IRAs will be an important source of your retirement income and perhaps your legacy. How you handle them throughout your working life can help enhance and secure that retirement income. First Things First: Establish an IRA. Most retirement saving occurs in the workplace, and you should ...

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Many of us may remember the opening scene of Indiana Jones and the Raiders of the Lost Ark when Dr. Jones, played by Harrison Ford, makes it through a maze of booby traps in search for the Golden Idol.  He dodges arrows and rocks and ultimately makes it to his glimmering prize. Carefully, he ...

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As investors approach the end of the year, they are marveling at how everything did well, not just stocks, but bonds of all shapes and sizes and commodities as well, with even crude oil up 29%.  All 11 S&P sectors are poised to end the year positively, led by tech, up 41%. Only 64 companies are ...

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