There are two important strategies that drive how and when you rebalance your portfolio. First, the percentage tolerance around your asset class weights and second, the timing of your rebalances. We recommend employing both of these strategies to your portfolio rebalancing in order to establish discipline around what could be an emotional process. Tolerance refers to the amount of drift you’re willing to accept when Read More
Stocks Stayed Low, Bond Prices Go Higher
Central banks jumped into action in March 2020 as Novel Coronavirus worries continued to batter markets, with the Fed cutting interest rates 0.50% and the ECB and Bank of England expected to follow. This action was meant to stimulate financial activity by making borrowing cheaper. Economists wonder how effective further rate cuts will be to boost the economy against a health epidemic. One thing is clear: investors Read More
VIDEO: What is Your Investment Philosophy?
With all the volatility in the stock markets as of late and the recent Fed rate cut, we thought it important to review investment philosophy. Whether you are a nonprofit managing a board-designated fund, cash reserves or an endowment or you are an individual investor, the investment philosophy is the core foundation of how you manage your investments. Do you know your investment philosophy? Do you know your advisor’s Read More
5 Questions for the Expert: Cash and Cash Management
In previous posts, we’ve discussed how nonprofits should strive to hold enough cash to take advantage of unexpected opportunities or unplanned losses. To hammer home the point, we asked Aron Chazen, CEO of Treasury Curve, for his perspective about cash reserves. Among Treasury Curve's clients are public sector institutions, looking to manage pools of taxpayer money and other public funds to ensure cash is deployed Read More
Are My Charitable Donations Having An Impact?
Levi XU Stock market investments are measured by returns, philanthropic investments by outcomes – the latter is far more complex. As one of the most philanthropic nations, the U.S. has had a long history of charitable giving and yet, in the past few years, there has been immense discussion about the impact of those gifts. We’ve already covered how you can give strategically in a previous Read More
ESG Investing: Three Hurdles Every Philanthropic Investor Should Know
Let’s say you binge watch a number of alarming food documentaries one day and decide to explore a brand new diet that could change your life for the better. You’ve always wanted to adopt a healthier lifestyle. It starts well: you’re motivated and better yet, lose weight quickly! But keeping it up proves harder as time goes on. The dishes aren’t as satisfying as your old diet. You’re forced to cook more, which Read More
Do You Have A Charitable Giving Strategy?
Are you someone who gives regularly to charitable causes but are flummoxed by the changes in personal financial planning in the past couple of years? Or, are you someone who gives regularly but wondering how to have a greater impact on one or more organizations you support? One of the biggest impacts to charitable giving in the past few years was the Tax Cuts and Jobs Act (TCJA) passed in Read More
3 Questions to Ask Your Investment Professional
Imagine this: you’re scrolling through your email inbox and happen to see a message from your investment professional. They sent your periodic statement for your review. You open the attachment, peruse the investment performance, and decide it all looks fine. You delete the email and move on. And then a small voice in the back of your mind nags at you: What if it it’s NOT all fine? You have very specific personal and Read More
