The New Capital Journal
Financial news, views, advice, and guidance.
Brought to you by New Capital and our business partners.
True Diversification Calls for A Global Outlook
Picking the right countries, sectors, and securities (and getting the timing right) is virtually impossible to do consistently. That’s where consistent global diversification comes in.
Rescuing America's Safety Net
Both Medicare and Social Security — the cornerstones of "America's Safety Net" — face serious fiscal challenges that require Congressional action.
The Best U.S. States for Retirement
Have you ever thought about where the best place is to retire? Location can make a big impact on your quality of life, and perhaps help your savings go just a bit further.
You Can Make IRA Contributions At Any Age, But Should You?
Traditional IRA contributions after RMD age may make sense, but it depends on your tax situation.
Testamentary Trust vs Living Trust: What's the Difference?
How living trusts and testamentary trusts work and how they are different.
Market Perspectives
Vanguard Market perspectives offers global economic and security returns forecasts.
Winter is over. Bonds are back.
Investment-grade fixed income has rediscovered its old strengths.
SECURE 2.0 Helps Small Employers Help Their Employees
The SECURE 2.0 Act of 2022 is a sweeping set of provisions designed to improve the nation's retirement-planning health. Here is a brief look at some of the tax perks, rule changes, and incentives included in the legislation.
Will the U.S. Dollar Go “Digital”?
On March 15, the Federal Reserve announced a new payment service called FedNow. The announcement came roughly a year after President Biden signed an executive order tasking the Federal Reserve with looking into a CBDC for the U.S. financial system.
How to Convert a 529 Plan to a Roth IRA
See if you’re eligible for this Secure 2.0 provision.
How Smart is ChatGPT?
OpenAI's latest large language model, GPT-4, is capable of human-level performance in many professional and academic exams.
The S&P 500 in 2023 So Far
With one quarter of 2023 in the books, how has the S&P 500 performed so far?
Why Portfolio Diversification Helped Investors in 2022
The approach wasn’t a cure-all during last year’s brutal market environment, but it helped buffer some losses.
Will the March CPI print force the Fed to hike in May?
Much of the “stickiness” that has been ascribed to core services may largely reflect the lingering hangover of supply chain issues, where Fed policy has little impact.
See-Through Trust: Secure the Longest Possible RMD Through Your Estate Plan
Wondering how the SECURE Act will impact your retirement savings and distributions? Learn how using a See-through Trust may be just the solution you’re looking for.
Should Commodities Have A Role In Your Portfolio?
It may depend on your inflation expectations.
NCM Cash Management Options
New Capital has assembled a comprehensive lineup of both cash and cash equivalents.
Would Raising the Full Retirement Age Really Save Social Security?
Trends suggest today’s younger workers would be hurt the most by another increase.
Lost Wills
Probating an original will is easy in Texas. Probating a copy is harder, and for good reason.
SECURE 2.0 Adds New Early Withdrawal Exceptions
Withdrawals covered by these new exceptions can be repaid within three years.