What if one person or investment firm could handle all of your family’s finances and assets? Paying household employees, accounting for taxes, managing assets, planning for retirement and preparing for wealth transfer… all done for you with your best interests at top of mind. Ultra high net worth investors should consider a family office to aid in aligning financial interests while working towards a clear goal.
The complexity theory argues that in natural systems, resilience increases as the systems become more complex. But for manufactured systems, becoming complicated (like our economy and globalization) means less resilience. The summer of 2019 is chock full of threats to the stability of our economy; let’s review them and go over suggestions on how to weather these bond and stock market trends.
The S&P 500 increased 7% in June, after dropping nearly the same amount in May. A spectacular turnaround driven by yet more easy money signals from the Fed. It sure is nice, if a bit excessive given the US is near full employment and inflation looks fine. As it stands now, the S&P 500 is up 18.5% through June.