Think of Dividends as a Reward

Companies paying higher dividends do tend to be more mature.  The mature companies investors want to own are still growing earnings, but that growth is probably more moderate than it is for a younger company whose total accessible market (TAM) isn’t yet defined.  Apple is a fairly mature company, but they keep coming up with…

What to do if you inherit an IRA or a 401(k)

If you are the beneficiary of an IRA or 401(k) account, you will need to familiarize yourself with the rules of how you handle the account.  After the passage of the 2019 Secure Act, the beneficiary must first determine the category of relationship to the person who died.  Typically, the rules for required minimum distributions…

Interest rates should rise when economic growth accelerates and history says stocks prices may well rise alongside them

Interest rates should rise when economic growth accelerates…and history says stocks prices may well rise alongside them The stock market has frustrated many investors of late and commentators keep pointing toward the bond market and rising interest rates for the reason.  Interest rates have actually been rising since last August.  The yield on the 10-year…

Scot W Johnson Named New Principal

HOUSTON, TEXAS, January 29, 2021 – The principals of Adell, Harriman & Carpenter, Houston-based independent, fee-only investment managers, have named Scot W. Johnson as the firm’s fifth principal. He joins the firm’s management team as AHC strategically eyes the future.   “After an exhaustive candidate search, Scot came on board in the latter part of…

Giving Thanks

Like so many aspects of 2020, Thanksgiving will look different.  Health concerns or travel limitations mean the crowds around dinner tables will be smaller than usual at many gatherings.  Many of us will exchange greetings over video conference rather than in person.  While these circumstances present challenges and disappointment, we will still take time to…

Stocks VS Economy

Rising stock prices and atrocious economic statistics might seem like they don’t fit together.  It seems like economic activity should impact company profits.  The truth is economic activity does impact company profits, but stock investors are looking toward future profits and economic stats we see in the news reflect what’s already happened.  To use an…

Staying the Course in a Turbulent Market

We don’t enjoy checking the morning news to hear “stocks will likely open lower this morning (again)”.  We’re invested alongside our clients, so we’re seeing the same impact on our retirement savings.  That being said, market pullbacks are a normal part of stock trading patterns.  There will be stretches where the market trends downward.  Those…

Simplify Your Financial Life: Make a Bucket List

This is the most elegant explanation of prudent investment management I’ve ever heard, and it came from Steve Adell.  It’s called “The Bucket List”. The idea is to categorize your investment money into three simple buckets which are based on intended use: Cash, Fixed Income, and Growth.  You fill the buckets in order. Bucket #1:…