blog
How Healthy is the U.S. Economy?
The stock market had a 20% correction during the fourth quarter of 2018. This pullback was due to a number of issues but it was partially driven by the fear/anticipation of a domestic recession. We wrote numerous updates stating that we did not believe that a recession was “right around the corner.” We now have the proof to support our claim.
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
March 2019
Why Dividends Matter in Retirement
Humans tend to think in a linear fashion. For example, if it has rained for the past 10 days, we think it is going to rain forever. After the 2008/2009 market meltdown, investors became very interested in dividends because the stock market was down approximately 40% in 2008.
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
February 2019
Garbage In, Garbage Out
Growing up, my parents called me “Big Bear” - Mom nor Dad never admitted to this but I think the name stuck because I grew horizontally before I grew vertically. My Dad would say “Big Bear - never lie to your mother or myself. I have a high propensity for the truth.”
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
January 2019
Is a recession coming? Is Christmas coming?
Both questions have the same answer. Yes. Recessions will continue to happen as long as economic data is tracked with some degree of certainty and Christmas will continue to come every December. With that being said, the better question to ask could be “How long until the next recession?” or “What can help us identify a looming recession?”
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
December 2018
Red Wave, Blue Wave
This time the models did get it mostly right with the Democrats winning a majority in the House of Representatives and the Republicans adding to their Senate majority. So far, the markets seem to like the outcome of the various races. Now the debate across Wall Street is whether or not “gridlock” is good.
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
November 2018
Should Parents Pay for College?
It is a “Pricey” question - pun intended with the Price triplets currently in college. The triplets started their freshman year at Baylor University in Waco this fall.
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
October 2018
Phantom Raise from Uncle Sam
Asking for a raise in the work place was considered one of the top conversations that caused anxiety per a recent study. Consider a LinkedIn survey of 2,000 professionals from around the world: 1. 39% of American professionals are anxious about negotiating. 2. 26% of women feel comfortable negotiating compared to 40% for men.
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
September 2018
Mom – Are We There Yet?
“Mom – are we there yet? How long till we get to the beach?” This was the most common question that my four younger siblings and I would ask as the Price clan headed to the Florida panhandle each summer while growing up. An annual ten hour drive with five children is not for the faint of heart – am I right?
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
August 2018
The Fiduciary Journey
As you know, Randy served at RBC Wealth Management for the past 19 years and I have been fortunate to work with my dad – I mean, my boss – for the last 7 years. When Randy joined RBC back in 1999, the firm was then Dain Rauscher, an employee-owned Texas based firm...
Matt W. Price, CFP®, CIMA®
Senior Vice President | Wealth Manager | Partner
April 2018