CGTC Blog

Tariffs, Uncertainty and Volatility

Tariffs, Uncertainty and Volatility
Q3 2019 - Will FED Cuts be Enough to Fight the Global Cold?    Commentary by the Trust Investment Committee    Despite the yield curve frenzy, escalating trade tensions and Washington rhetoric the third quarter came and went without much to be disappointed about. The major U.S. indices remain resilient and are only a couple percent from record highs set in July. The S&P 500 returned +1.68% for the quarter and is higher by +20.55% YTD, however..
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The Federal Reserve cuts interest rates again by 0.25 percent

Market Insight by Mason Williams   The Federal Reserve cuts interest rates again by 0.25%   The Federal Reserve finds itself in a no-win situation.  Criticism is running heavy in both directions. The market bulls and Trump administration want faster rate cuts to get ahead of a slowing global economy while a large wave of market participants wonder why we are cutting rates at all given the positive economic backdrop.  In either case, Federal R..
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If you’re Gen Z or Millennial and Want to be Rich Someday, Here’s What You Need to Do

If you’re Gen Z or Millennial and Want to be Rich Someday, Here’s What You Need to Do
Here you are — 20-something, just graduated and accepted your first “real” job. Your employer mentions the company’s competitive 401(k) plan and you already mentally write it off. With credit card bills, student loan debt, rising rents and low starting salaries, it seems obvious that saving or investing is the last thing on your mind. Multiple studies have shown that millennials/Gen Zs are “dramatically worse off fin..
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Education Planning 101: The Almighty 529 Plan

With the cost of college education skyrocketing and outpacing wage growth by nearly eight times, it is not surprising that student loans make up the largest portion of the U.S. non-housing debt. According to College Board, the average cost of tuition and fees for the 2018-2019 academic year for an in-state student at a four-year public university has increased 2.8 percent from the prior year to $21,370. A four-year private university increased 3...
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As a small business owner, you wear a myriad of hats. Should financial planner be one?

Small business owners are actively involved in all aspects of the business, from day-to-day operations to continuing the sustainability and the growth of the business. At what point are you casting your net too wide?     It is not uncommon for business owners to assume they will never retire. After all, you’re doing what you love, so why not continue indefinitely? According to a Manta survey, a third of small business owners ..
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The most successful investor sometimes needs expert advice.

The most successful investor sometimes needs expert advice.
We’ve all heard of the “millionaire next door,” the investor who quietly amasses a fortune by living within his or her means, buying the right securities, and faithfully staying the course through various stock- and bond-market cycles. Perhaps we even know a few such people.   This sort of person typically eschews the services of a financial planner, reasoning that his or her own strategy has worked so far, and that the financial plann..
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Fee-free, passive funds are attractive, but it’s about more than beating an index.

Fee-free, passive funds are attractive, but it’s about more than beating an index.
Last summer, Fidelity Investments became the first financial company to offer no-fee index mutual funds, and quickly attracted about $1 billion into two portfolios. This has several implications for wealth management companies, and for investors.   The funds the company is offering — one each focusing on U.S. and international stocks — are passive funds; they are built to mirror a market index. Active strategies, on the other hand, compr..
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Retired? Rewards vs. risks should still guide your investment decisions.

Retired? Rewards vs. risks should still guide your investment decisions.
Advice on amassing sufficient assets and investing them well to build a healthy retirement is easy to find. Books, online resources, lectures, magazine articles, a talk with your financial advisor — even blogs like this — can be invaluable tools for the investor just starting out and those who want to proactively manage their financial futures.   But what about that day, six months after your 70th birthday, when you’re facing the prosp..
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Choose carefully when diversifying your portfolio.

Choose carefully when diversifying your portfolio.
A constant dilemma in the world of wealth management is whether it’s wise to stick with the security of U.S. stocks or venture into the international marketplace in search of potential opportunities. This seems especially relevant now, when tough talk on tariffs threatens to roil the seas of international trade and usher in unintended consequences. We at Coral Gables Trust Company have always preached that diversifying one’s portfolio — bot..
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