Enter GoToMeeting ID# Go

COINed: Commentary | Observations | Insights | News

Accredited Expands Parental Leave Policy

As reported by Bloomberg News and the Washington Post, a recent study concluded that parental leave benefits have decreased on average throughout much of the country in recent years. After undertaking a comprehensive review of its own policies, however, Accredited Investors Wealth Management recently announced a broad expansion of its parental leave benefits for both primary and non-primary parents, providing up to 16 weeks of fully paid leave, and placing the firm at the forefront of its industry with its approach to parental time off.

Tags:

The Upside of Uncertainty

Today’s inauguration of Donald Trump as President of the United States serves as proof positive that yes, 2016 really did happen. A year full of improbabilities becoming realities served as a good reminder that since the future is inherently unknowable, a sound investment strategy should never be based simply on attempts to predict short-term events.

In the investment world, January is sometimes referred to as the “silly season”, when market prognosticators emerge from their dens to enlighten the world with their predictions of how the market will perform in the coming year. We’ve never placed any value in such prophecies, and we are not alone. In his 1992 shareholder letter, Warren Buffett noted that he and his business partner had “long felt that the only value of stock forecasters is to make fortune tellers look good.”

Tags:

Jake Stancyzk joins Accredited Investors Wealth Management

Accredited Investors Wealth Management™ is pleased to welcome Jake Stanczyk, CFP®, to the firm’s wealth management team.
“Jake is an exciting addition to our growing firm,” said Becky Krieger, Senior Director for Wealth Management Teams. “Jake’s experience and ability to multi-task will be greatly appreciated by the team.”

Tags:

Levin: Tax cuts appear likely. Here’s how that affects you

What do we know will happen in 2017? Actually, very little. We know that there is going to be a new U.S. president. We know that there is a Supreme Court opening. We know that there are going to be several elections taking place in Europe.

There are many more things that we expect but don’t know. When evaluating what decisions to make, though, we are better off looking at scenarios that are more likely than not and appropriately weighing them rather than assuming changes will occur based on expectations from candidate statements.

Tags:

Levin: This year, skip the resolutions and try designing your life

Rather than spending New Year’s Eve on resolutions, what if you decided you were going to spend January designing your life? Prof. Dave Evans and Prof. Bill Burnett of Stanford write in their book, “Designing Your Life: How to Build a Well-Lived, Joyful Life,” “Your life is not a thing, it’s an experience; the fun comes from designing and enjoying the experience.”

Tags:

Dow 20,000. Technically Not “Fake News”, But About As Useful

In the spring of 1999, after years of a hard-charging bull market, the Dow Jones Industrial Average first hit 10,000. It was a momentous occasion, and the many traders on the floor of the New York Stock Exchange celebrated with “Dow 10,000” hats. Little did they know that, sadly, those hats would again become relevant more than 10 years later, when the Dow would once again climb back to that notable level after plunging southward during the global financial crisis in 2008.

More than seven years on from that point, the Dow now stands poised to eclipse the 20,000 level. While its doubtful that many Dow 20,000 hats will be donned at the NYSE – only partly due to the fact that there just aren’t that many human traders left on the floor of the exchange – it is a significant milestone. Or at least it will be treated as such. In reality, the Dow index is a nonsensical measure that tells us virtually nothing of value about the market, and it is cited purely out of entrenched habit at this point.

Tags:

Kathleen Broich joins Accredited Investors Wealth Management

Accredited Investors Wealth Management™ is pleased to welcome Kathleen Broich, MBA, to the firm’s wealth management team. “Kathleen is an exciting addition to our growing firm,” said Becky Krieger, Senior Director for Wealth Management Teams. “She brings an experienced perspective to the important conversations we are having with many clients regarding healthcare and navigating the changing health insurance landscape.”

Tags: