Beese Fulmer Wealth Management Commentary
Welcome to the Beese Fulmer Wealth Management Commentary. Researched and written by Beese Fulmer experts, these articles unravel the mysteries and expertly guide investors with information and counsel honed over decades of experience. Visit often for more articles or subscribe to our RSS feed below.
Subscribe to the Beese Fulmer Wealth Management Commentary »
Investment Outlook - Third Quarter 2017
Tuesday, February 13, 2018
After the Great Recession of 2008, many publicly traded companies have chosen to acquire companies as their management teams believe the acquisition path is less risky than spending capital on new and unproven products or offerings. Acquisitions also theoretically offer a quick and easy method to grow sales, profits, and product offerings.
Investment Outlook - Third Quarter 2017
Thursday, December 14, 2017
Tax Reform Thoughts
Investors are having serious doubts that tax reform will actually happen since efforts to repeal and replace the Affordable Care Act failed. Recently, the administration has released an outline of preferred changes, with the biggest modification being a reduction in the corporate tax rate. Since we have one of the highest rates among the developed countries we have seen some across-the aisle support for lowering corporate taxes. Proposed changes in the personal tax rates appear to be less significant, so perhaps this limited tax change will happen soon and be modestly favorable to the stock market. The word reform implies all-encompassing changes, which would be very difficult. Most pundits believe that the goal of tax reform is to stimulate the economy by lowering the marginal tax bracket. The theory is that high marginal tax rates discourage risky investments and efforts to work harder.
Investment Outlook - Fourth Quarter 2017
Monday, January 15, 2018
What once seemed improbable, if not impossible, is now a reality, and the markets have confidently voiced their opinion. The performance of the equity markets since the presidential election reveals that investors believe the policies of President-elect Donald Trump are good for the American economy and American businesses. Stocks are up, bonds are down, and everyone is waiting to see what Donald Trump can do once he is sworn in on January 20.
Ask the Investor: I love Starbucks, but is it a good stock to own after the price dropped from $64 to $54?
Sunday, September 3, 2017
Question: “I love Starbucks, but is it a good stock to own after the price dropped from $64 to $54?”
Almost every morning around 6:15 on the way to the office, I’ll drive by Starbucks at Belden Village and get a large dark roast coffee. I’m not the only one either, as faces and cars look pretty familiar over time. I’m a promoter of Starbucks coffee and the brand, but what about the company’ stock?
Ask the Investor: Will the new CEO of General Electric ignite the stock price?
Thursday, October 5, 2017
General Electric (GE) is one of the most widely-owned stocks in the S&P 500 with roots traced back to the Edison Lamp Company by American icon Thomas Edison in 1889. About ten years later, General Electric was listed as one of the original 12 companies in the Dow Jones Industrial Average consistently regarded as a “must own company” in the stock market.
Ask the Investor: Will Amazon disrupt the auto part suppliers like O’Reilly Automotive (ORLY)?
Sunday, August 6, 2017
In our July, Ask the Investor, we were asked whether Amazon was an attractive investment as they have been disruptive to many industries. Indeed the specialty auto parts companies like O’Reilly Automotive (ORLY), Autozone (AZO), and Advanced Auto Parts (AAP) have significantly underperformed the broad stock market by about 40% over the last twelve months.
Why have they underperformed the S&P 500 so drastically?
Ask the Investor: With the stock market up almost 9% year to date, what should investors expect for the remainder of the year?”
Friday, June 2, 2017
Last December I wrote about the top two questions clients were asking after the Presidential election; one of which was “How will the stock market perform in 2017?
At the time I wrote that, if corporate and individual tax reform occurred, the stock market may rise an additional 10% (2,200 up to 2,400), which is about where the S&P 500 currently trades. Most of the rise would be due to the price-to-earnings multiple expanding in anticipation of lower taxes.
So, where do we go from here?
Ask the Investor: Is United Community Financial well positioned for growth after the acquisition of Premier Bank & Trust (a.k.a. Ohio Legacy)?
Sunday, April 2, 2017
Last September, Ohio Legacy Corporation, the bank holding company for Premier Bank & Trust, was purchased by United Community Financial (UCFC), headquartered in Youngstown, Ohio but with a wide geographic footprint that includes branches and loan production offices in Sandusky, Pittsburgh, and Columbus.
Ask the Investor: Should I Invest in Bitcoin?
Sunday, December 3, 2017
Occasionally throughout history asset bubbles occur. The easiest two to remember would be the housing bubble (2000-2009) and the technology bubble (1990-2000), which both resulted in meteoric rises in investments that were irrational and subsequently collapsed.
Bubbles are not a new phenomenon.
Ask the Investor: “This week the stock market has been a rollercoaster, should investors be worried?”
Sunday, February 11, 2018
The stock market has been a rollercoaster ride with the Dow Jones reflecting several declines of 1,000 points with surges to positive in the same day!
The week of February 5 has been a great example of how uncertainty and emotion can derail your long-term goals.
The Beese Fulmer FREE Wealth Profile
Our WEALTH PROFILE
helps us gather the type of information we've found essential in establishing who you are…where you want to go…and how you want to get there.
- We start with basic background information about your assets and objectives.
- Then we define your goals for the portfolio and what we call your Investment Psychology (conservative, moderate, or aggressive? patient or reactive? hold-and-grow or make withdrawals?).
- We determine your attitudes and behaviors concerning the market, a meaningful guide to your favored portfolio philosophy.
- The final section characterizes your personality in general terms and relating to finances.
Before proceeding, think about your total wealth; not just your investments, but your real estate, bank accounts, business assets, and insurance. These are all part of your total wealth picture.
While we specialize in the investment piece, we will take other assets into account in order to build a portfolio that best complements these assets.
Click below to schedule
your FREE personalized Wealth Profile.
Read Our Most