Category Archives: Uncategorized

3Q 2017 Market Overview

Market Overview It is getting really hard to feel that I am not writing the exact same thing about the markets each quarter. But gains continue to roll in. The S&P 500 had a strong quarter, up 4.48% from June 30. Small cap stocks also had a good showing after weakness earlier this year, up 5.67%. […]

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Shame, Status and the American Dream

Something has been rolling around in my head for a while, and it’s about our house, our lifestyle and our appearance among peers. Our home is unimpressive. I love it, don’t get me wrong. We are very, very comfortable. It is way more than enough space for our family of 4. Right now we’re even […]

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2Q 2017 Market Overview

Market Overview It has been another solid, steady quarter in the markets since the end of March. US stocks both large and small posted strong positive gains of 3.09% and 2.46% respectively.  Tech continued to dominate with the Nasdaq posting gains of 3.87% over the last 3 months. Broad bond benchmarks were also again positive […]

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The IPO 10-Bagger Chase

It’s been 20 years since Amazon went public at $18 per share in 1997. The web today is littered with stories about how a small investment at the IPO would have turned us all into millionaires. These stories play on our most basic desires as investors: to have the once-in-a-lifetime shot at getting filthy, stinking […]

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Feature in Financial Advisor Magazine

I was pleasantly surprised to learn that I was nominated for Financial Advisor magazine’s “10 Young Advisors to Watch” piece in the May issue. I’m not sure I’m all that exciting to watch, but you can find the piece here: Young Advisors To Watch  

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This is the easy part

These are our girls, 6 and just-a-few-weeks-shy-of-4. Yes, they are unspeakably adorable. I know. It struck me this weekend that, all things considered, this is the easy part. To date we’ve had no broken bones. No broken hearts. No Ds and Fs on report cards. No friendships ended in a fiery blaze. No fighting over […]

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Bason Asset Management is Moving!

I’m happy to announce that the office is making a short move to a new office space in Lakewood, just a few miles from the old office. I hope that clients will find that the new office is more accessible and a much more comfortable meeting space.  The new office is located in the Belmar […]

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1Q 2017 Market Overview

Market Overview The rally that began shortly after last November’s election continued early this year, with US large cap stocks yet again posting a very strong quarter, up over 6%.  International stocks fared even better, including Emerging Market stocks really turning a corner after years of significantly underperforming the S&P 500;  up 11.14% for the […]

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Knowing the count

I just finished Ed Thorp’s new autobiography A Man for All Markets and I really enjoyed it. Thorp is, among other things, the man who wrote Beat the Dealer in 1962, the first truly mathematical approach to beating blackjack. He was first to calculate that while betting strategy was important, it had to go along with the cards as […]

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A most unusually average year

By now 2016 is far off in the mirror and everyone is focused on more current events, but I want to take us back a few weeks to reflect on the year that was, at least as it pertains to portfolio performance. First, US stocks, measured by the S&P 500, finished the year up 11.96%, […]

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You have got to be kidding me with this Forbes garbage

For most of the last year I’ve been getting solicitation emails from the “Five-Star Wealth Manager” people, desperately trying to get me to pay them to make me look like some kind of nonsensical award-winner.  Today’s really takes the cake. Here was the email:     And here is the “offer:”     The lede […]

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What you can learn from a tax return

With all of the hubbub surrounding a certain presidential candidate’s unreleased tax returns, I thought it would be fun to talk about what you can really learn from a 1040. Most financial planners will agree that reviewing a client’s tax return gives tremendous insight into their financial life.  So here’s a quick rundown. Income, and […]

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