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Peapack Private Wealth Insights

February 27, 2022

Corporations—particularly public corporations—typically include some form of equity (corporate stock) in their executives’ pay.  That equity can take different forms, each with its own tax and investment consequences.  Whatever the form of equity compensation, it typically vests—or becomes ...

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This past year was a strange year for investors.  Perhaps it was the result of the pandemic lockdowns and the rise of the Robinhood traders, but in a year in which cryptocurrencies and meme stocks like AMC and GameStop were some top performing “bets” it’s safe to say speculative assets had their ...

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2021 has seen it all: Rising COVID cases, rising consumer prices, rising geopolitical tensions, rising commodity prices, and indeed rising stock prices.  Despite the uncertainty from two major COVID variants, the fastest increase in prices for decades, geopolitical stress over the Ukraine, ...

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Investors have an array of choices when constructing a portfolio. What vehicle is the best fit for your portfolio? Alternatives include individual securities like stocks and bonds, pooled style investments like exchange traded funds (ETFs) or mutual funds, and alternative assets like real estate ...

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You’ve been working from home over a year and are now starting to head back to the office and partake in what would be considered a more normal life.  You wake up, put on your work clothes, get in your car and, before heading to the office, stop at your favorite coffee shop for your ...

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Most American workers have viewed retirement as something that will happen sometime, down the road.  Through 2019, the average retirement age has hovered in the first half of the 60s.  The last 18 months have changed the way many of us think about retiring.  For some, it’s prompted a rush (or a ...

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It’s already been an extraordinarily good year for investors.  Stocks, including dividends, are up over 19%, twice the typical return for an entire year.  Investors have been well rewarded for venturing out from money market funds, yielding just 0.07%, or CDs, as the five-year version returns just ...

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Parents confront many challenges during the tween and early teen years.  As a result, educating our children about investing often falls through the cracks.  While our children have watched us interact with money throughout their young lives, the examples have been more transactional.  They have ...

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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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