Spooked by Volatility?

Those of you who have been diligently consuming our investment commentary would recognize that the current market volatility is not unexpected. Our view has been that US Equities, especially growth and technology stocks, have been overvalued for some time. These are the sectors that have led the current downturn. Two-thirds of the S&P 500’s individual […]

What’s Your Risk Number?

At Armor, one of the areas that we consistently strive to improve is our communication style. To me, perhaps the most important part of communication is listening – more specifically, making sure our clients trust that we are hearing what they have to say. Fortunately for us, as 21st century risk managers, technology has provided […]

October 2018 Newsletter

Our latest quarterly newsletter is fresh off the presses. Here is a link to access a pdf version: October 2018 Newsletter.    Please let us know if you would like to receive a paper copy in the mail. Nothing contained in this publication is intended to constitute legal, tax, securities or investment advice, nor an opinion […]

What is Financial Planning?

Walt and I once had breakfast with a man who told us that he invented Financial Planning. In St. Louis, in 1976, I think. It was invented, he told us, purely as a way to sell insurance. He did not understand how we could be Financial Planners, but not fund the exercise by selling insurance. […]

Amazed and Confused

US Equity markets have been on a ten-year UPward trajectory since the Great Recession. This is especially true compared to other markets around the world. Valuation differentials are hitting   historic spreads – Growth has vastly outperformed Value, and US Stocks rule the world. It is as difficult to reconcile these disparities, as it is to […]

The Standard Deduction and Gifting in 2018

Among the many changes introduced by the Tax Cuts and Jobs Act of 2017, some have created great planning opportunities. One planning opportunity that we have reached out to proactively discuss with many of our clients is the significant increase in the Standard Deduction for married couples. We have many married clients who are both […]

Selecting Your Retirement Community

Clients often ask us to help them compare retirement communities and to recommend the one that’s best for them. We subscribe to a wonderful database that is useful in doing this. We also have delved deeper into the questions and helped clients by developing decision trees and timelines and by projecting the financial consequences of […]

Midsummer Mixed Market Messages

The year is half done, and though it does not feel like it, the S&P 500 has eked out a total YTD return of 2.7%. The Dow Jones Industrials are negative YTD, while dividend focused equities have lagged mightily. After hitting new highs at the end of January, broad markets were hit by a correction […]

July 2018 Newsletter

Our latest quarterly newsletter is fresh off the presses. Here is a link to access a pdf version: July 2018 Newsletter.    Please let us know if you would like to receive a paper copy in the mail. Nothing contained in this publication is intended to constitute legal, tax, securities or investment advice, nor an opinion […]

Bear Signs?

One of my resolutions for the year is to more frequently post blogs regarding markets, and what we may, or may not, be looking forward to. It appears more and more likely that markets are experiencing a traditional bear phase. Lest we forget, 2017 surprised a lot of observers with an extraordinary rise following a […]