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Peloton 2018 Q3 Recap
The third quarter was anything but a typical slow, quiet summer. Stocks had been choppy through June but then moved up in July and powered higher through September. The S&P 500 gained 7.7%, and the Dow moved higher by more than 9% in the quarter. The tech-heavy...
Good Debt, Bad Debt
People feel strongly about debt. Many of us have an almost innate sense of fear or wariness about borrowing money, and we know people who got too deep in debt and suffered as a result. Yet borrowing is also an almost universal fixture in American life today: student...
Using ETFs to Avoid Wash Sales
Fall is tax-loss harvesting season. Between now and December 31, selling securities which are currently worth less than you paid for them will result in "realized" capital losses. Capital losses are valuable because they offset realized capital gains on profitable...
Prioritizing Retirement Account Contributions
Americans are fortunate to have many options for retirement saving. At the same time, the wide variety of retirement account types can be overwhelming: 401(k) or IRA? Traditional IRA or Roth? This article is not a comprehensive playbook for retirement saving options....
An Employee’s Guide to Reducing LLY Exposure
Background We most recently valued shares of Eli Lilly (LLY) for clients in April this year. The thrust of our opinion at that time was focused on whether the Trulicity franchise was appropriately recognized by the stock price. We didn't comment on long-standing...