The New Capital Journal
Financial news, views, advice, and guidance.
Brought to you by New Capital and our business partners.
Many Happy Returns
I believe that the key to successful investing is to cultivate a long-term perspective, where you think in decades, not days.
Vanguard’s Economic and Market Outlook For 2024
A return to sound money. It’s a theme we at Vanguard have been communicating for more than a year, and in 2024 we believe that the greater investing world will come around to its implications.
Going Global for Value
Global diversification can increase the reliability of outperformance for strategies pursuing higher than market returns.
Retirement Plan Limits for 2024
Retirement savings limits are once again on the rise in 2024.
SECURE 2.0 Provides New Retirement Savings Options in 2024
While some provisions were effective in 2023, many important changes did not take effect until 2024.
Transfer of Clean Vehicle Tax Credit to Dealer as Payment for the Vehicle
Federal tax credits may be available to help offset your cost to purchase certain clean vehicles.
Complete Guide to Joint Trusts
For married couples, a Joint Revocable Trust might be able to offer a sense of confidence that begins the day you both sign.
2023 Year End Planning
Time is running out! There are several year-end financial planning opportunities with a December 31st deadline that we would like to remind you of.
Mitigating Taxes With A Qualified Charitable Distribution
We don’t normally think of giving money away as the best way to save money. But those who have reached the age when required minimum distributions (RMDs) must be taken have a nice option to reduce their taxable income.
Should You Rent or Buy?
This is the very best discussion about the relative merits of owning or renting a home.
Have Other Equity Market Returns Been As Concentrated As Those In The U.S.?
Performance in developed markets excluding the U.S. has been much less concentrated year-to-date: the top 10 companies in the index are up 13.7%, while the remaining stocks are up 6.7%.
Chart of the Week: Magnificent 7 Outperformance May Not Continue
Rather than seeking additional exposure to these mega-cap stocks, investors should ensure their portfolios are broadly diversified to capture the returns of whatever companies ascend to the top in the future
Money Mindfulness Meditation: generosity - Webinar Recording
Thank you to all of you who were able to join us for this session of Money Mindfulness Meditation: Generosity.
2023 New Capital Annual Conference - Presentations and Slides
Thank you to those who attended the 2023 New Capital Annual Conference. We are pleased to share recordings of the presentations and slides.
High Rates Don’t Put the Brakes on Stocks
Historical evidence suggests that interest rates have not been meaningful predictors of stock returns.
Rethinking the Dash to Cash
While higher yields may make cash appealing, higher cash balances may actually reduce your ability to achieve your long-term investment goals.
After Two Consecutive Pauses, What Is Next for the Federal Reserve?
While a reacceleration in growth and/or inflation could prompt another rate hike either in December or early next year, short-term bumps in a downward trending economy likely keep the Fed on hold well into 2024.
Medicare Open Enrollment Begins October 15
If you are covered by Medicare, it's time to compare your current coverage with other available options.
Probate Court 101: What to Expect During Probate
Losing a loved one is challenging for a number of reasons, but it can be made even more difficult if you are responsible for navigating the many legal processes associated with probate court.