cyber security

Top of Mind (Q3 2017)

Each quarter, we will share three things that we are keeping Top of Mind

Here's our latest list:


1.)    Schwab account security - With all the news of the Equifax breach, we couldn't help but thinking of overall cyberseucirty.  It is a new world we are living in and we all need to be incredibly diligent in protecting our online lives, especially our financial ones.  Charles Schwab (our partner custodian) suggests these few steps to secure your accounts.  If you aren't currently working with Schwab, most large custodial firms are likely to offer similar protections


2.)    For your viewing pleasure – While it was released earlier this year, I just watched the HBO documentary "Becoming Warren Buffett."  It was an engaging and enjoyable look into one of the greatest investment and philanthropic minds this country will ever know.  Put a rainy fall day to good use and watch this for yourself!




3.) Leading economic indicators - We are often asked what economic and market data we monitor in our practice.  While there are countless data points and sources for information, one that we view as top priority is the Conference Board Leading Economic Index.  It includes ten components and tracks not only their current values but also their trends.  This is critical, as it matters far more if things are getting better or worse as opposed to a single measure being deemed good or bad.  The ten components include:

1.) Average weekly hours, manufacturing

2.) Average weekly initial claims for unemployment insurance

3.) Manufacturers’ new orders, consumer goods and materials

4.) ISM® Index of New Orders

5.) Manufacturers' new orders, non defense capital goods excluding aircraft orders

6.) Building permits, new private housing units

7.) Stock prices, 500 common stocks

8.) Leading credit index

9.) Interest rate spread (10 year less fed funds)

10.) Average consumer expectations for business conditions



Top of Mind (Q2 2017)

Each quarter, we will share three things that we are keeping Top of Mind

Here's our latest list:

1.)    Fiduciary Rule - You may have heard about the new fiduciary rule in the media as of late, given Trump's delay of the rule and the recent effective date of June 9th.   At Windermere, we've always been fiduciaries, acting in your best interest and being on your team.  But this (shockingly) may not have been the case with all your financial relationships.  Read more about this long-overdue rule here and rest assured, we've always been and will always be your fiduciaries

2.)    Protect Yourself – Cyber security threats have become a part of our day-to-day existence.  Numerous attacks are being reported and countless more are being attempted on a daily basis.   While it is impossible to fully guard against the risks, there are a few careful measures we can take.  This short article from Schwab points out some important tips

3.)    Time reconsidered – This article was highlighted in a recent podcast I listened to.  It puts time in a whole new light.  Read it – I promise it will change the way you think about how you spend your time – and about the time you have left