Why do Luxury goods providers have a moat around their business? How do Luxury goods providers maintain their market position and their social position with consumers? They’re just selling a product, albeit; a high-quality and expensive product. In theory, a… Read More
Understanding the language in a healthcare plan can be confusing. As medical costs have increased in America, insurance companies are shifting the financial burden onto consumers in the form of higher deductibles, decreased coverage, and coinsurance clauses which many Americans… Read More
On Wednesday we trimmed our position in AbbVie in client accounts that were overweight the position. We first invested in AbbVie as a byproduct of its spin-off from Abbott Labs. We then increased our AbbVie position to a full portfolio… Read More
The Perfect Food Pizza is the perfect food. It’s a complex taste with the perfect blend of fat, sweet, and rich foods. Cheese provides the fat. Pizza sauce is sweet. And meat toppings provide the richness. Pizza’s taste complexity is… Read More
It’s late summer in San Diego and you’re spending the day at the Del Mar Racetrack. You’re not much of a gambler but the sun, the cocktails, and the excitement of the crowd puts you into the betting mood. Again,… Read More
Money is an emotional subject. Whether you are a saver, a spender, a conservative investor, or a resolute risk-taker, you feel something about your money. You may have felt nervous when the stock market dropped. Or you may have felt… Read More
The Big Picture ~ Recessions and Bear Markets This year, the S&P 500 peaked on January 3rd at an all-time high of 4,796. Since then the index has dropped 4.6% through the end of March. This is a relatively modest… Read More
While we are not in the business of selling annuities, clients or prospective clients of AMM may have questions about these seemingly complex insurance products. Whether an annuity was inherited, purchased from a previous advisor, or otherwise acquired, common questions… Read More
Pullback Shopping List It’s happening. We’re finally getting a pullback in the stock market. Every pullback presents an opportunity to add to an existing position or a new position if its stock price drops below our estimate of fair value…. Read More
What should I do with this tax refund/bonus/other windfall?You’ve just received a financial windfall. Congratulations! Whether it is $500 or $500,000, a windfall can feel life-changing. You may be feeling euphoric now but according to Reader’s Digest, 70% of all… Read More
Portfolio Resilience2022 marked a negative year for markets, as inflation, rising interest rates, and geopolitical strife weighed on stocks, bonds, housing, and just about